According to the Office for National Statistics, in April 2020, the number of remote workers increased to 46% of the population. Now with the easing of lockdown measures, many businesses are considering or are already implementing what the Financial Times calls a "split model' a.k.a "hybrid working" that divides the time between the home and the office. If home-office working is to become the norm, then organisations need to consider the data protection challenges they will be faced with.
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The global spread of the novel coronavirus (COVID-19) and the economic impact that followed has prompted many businesses to furlough the workforce or migrate from the traditional office to remote-working environments. The volatile landscape has created incremental risks, especially for organizations heavily relying on IT Sec/Ops teams to monitor security and privacy and enforce regulatory compliance.
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As organizations seek to deliver new applications and services, they often also need highly scalable and lightning-fast data management platforms to support these innovations. For instance, some new applications work against millions or billions of rows of data and require a response time in milliseconds. These might include financial services applications that need to process transactions with sub-millisecond response rates and be globally available.
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In companies today, numerous documents are in circulation. Yet the data inside needs to be captured so it can be used for further processing. Just think about how the Finance team needs access to data in invoices. Or how the market analytics department needs access to utility bill data to perform market research. Brokers who need to retrieve data from purchase orders, IT departments that require data extraction as a part of a paperless workflow. The list goes on.
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