Businesses have to share information all the time. They share information internally between individuals, teams, and departments, and they share information externally with clients, partners, authorities, sales leads, and the general public.
Making sure that sensitive information does not end up in the wrong place is a crucial and complex task. And the honest truth is that many companies today, big and small, violate data privacy laws or internal data protection policies as they conduct their day-to-day business.
Having large amounts of sensitive data sitting potentially undocumented and unprotected in your systems means you have a massive vulnerability that can be quickly and easily abused. To create resilience against data breaches, you need to start protecting data that does not serve a clear and practical purpose to the person who has access to it. The best and easiest way to do this is with rules-based redaction to ensure that sensitive documents and data are only visible to those who need access. This is exactly what ORIGIN does.
Access controls are perhaps one of the most important aspects of software design when it comes to creating a robust system that is strong against security threats. And ORIGIN is built to make it easy for users to set access controls.
Our access controls in ORIGIN ensure that users can quickly and easily set who has access to which APIs, datasets, and documents. But our access control settings go far beyond just granting or barring access to specific users or groups. They also enable users to restrict certain information within the shared files from being viewed by certain recipients, roles, or systems using the redacted files.
We have all experienced needing to share a file with someone where there is certain information in the file that must remain hidden from the recipient. With rules-based redaction, instead of going through file after file and blocking particular information, you just specify the type of information that needs to be excluded for a certain group of people accessing the file and our system automatically redacts the information when it is requested from any file. The rules get set by you ahead of time so that once in place, you do not have to wonder every time you send a file whether the private information has been hidden.
Rules in ORIGIN can be set based on where the data is being stored, where it is being sent, who is accessing it, for what purpose, and when. The ability to control those criteria in combination is what makes our rules-based redaction in ORIGIN second to none.
ORIGIN enables you to quickly and simply make customized and differently redacted copies of the same file to send to different recipients. You set the rules which can include:
And with the click of a button, your file is properly redacted, ensuring data security and compliance.
Mergers and Acquisitions: During a merger or acquisition, ORIGIN can help you quickly integrate disparate data sources from the merging entities while ensuring no data leakage, making the consolidation process smoother and minimizing integration time.
Risk Management: Data fabric management can combine data from various sources to create a comprehensive view of the bank's exposure to different risks, such as credit risk, market risk, operational risk, and liquidity risk. This helps you identify and mitigate risks as they become apparent.
Regulatory Compliance: Banks must comply with numerous regulations, which require them to maintain and provide accurate data. Data fabric can enable banks to streamline their data governance and data quality processes, ensuring accurate, consistent, and timely data for regulatory reporting.
Real-time Analytics: With the ability to integrate and analyze data in real-time, ORIGIN enables faster decision-making based on current data while ensuring that sensitive or private operational data does not end up in the analytics system.
One of the advantages of rules-based redaction is that you can use AI to create and inform the rules, eliminating the tedious process of scanning documents manually and instead enabling your teams to just review and accept results that get produced by our AI powered redaction.
Join us in our next blog post in this series where we explore the power of AI in assembling redaction rules.