The Dangers of Dark Data for Businesses

Monica Morris • Jan 20, 2022

Every organization generates data in the cause of running its business. However, not all of the data is easily accessible to employees and management when needed. Business data that are practically invisible and cannot be readily accessed are known as dark data. This includes unstructured on-premise and off-premise files, shelf-based files or digitized data that have not been indexed or organized for easy discovery and access.

Electronic information that an organization is not aware of their existence as chat messages, video call transcripts, emails, and others that are not in a centrally searchable data repository also make up dark data.

Sources of Dark Data

1. Legacy Files
When organizations digitize their business processes or move to the cloud, they may leave behind old files, documents, and reports that are no longer essential to current business operations or are too cumbersome to migrate.

This cache of legacy data contributes significantly to a company’s dark data.

2. Work From Home and Personal Device Use
Employees who work partially or fully from home generate a lot of business data during working hours. These include video calls, chat messages, and emails.

In addition, the company’s documents that are downloaded and edited on employees’ personal devices may not be re-uploaded to the organization’s server. As a result, they end up as inaccessible dark data.

3. Multi-Cloud Adoption
Many organizations make use of separate multi-cloud technologies for processing and storing data. If there is no process in place for harmonizing all the data from various sources, a large part of it will become dark data.

Dangers of Dark Data to Your Business

Taking dark data for granted and leaving them unattended can pose serious danger to the survival of your business. Some of the risks associated with this particular type of data are discussed below.

1. Legal and Compliance Penalties
There are legal and regulatory requirements for businesses to protect users’ confidential information. These requirements are governed by various data privacy and security laws in various jurisdictions.

If this confidential information such as customers’ financial data or patients’ health records ends up in dark data collection, they are very likely to get exposed. Data leaks can carry legal and financial penalties against the offending company.

In addition, the evidence needed to defend a lawsuit may be hidden away as dark data, and not finding them may lead to a loss.

2. Reputation Loss
Data that is not being actively managed or secured is more likely to be inadvertently exposed to unauthorized parties. The leakage of confidential data to the public will impact the affected company’s reputation and can cause business and customer loss.

3. Loss of Business Intelligence
Proprietary and business secrets may fall out of your active data management collection. When this happens, your competitor may get access to important data containing your business practices, competitive advantages as well as profitable partnerships from an unmaintained archive or device.

Such data may give competitors an insight into your organization’s operation and help them develop an edge over your company.

Also, important business data reports and analyses may be lost to an employee who leaves your company because you are not aware of the data.

4. Wrong Business Decision
Complementary data needed to make critical business decisions may be sequestered among dark data collections. Since this type of data can’t be easily accessed to gain insight, decisions made without it may turn out wrong due to insufficient information and analysis. Wrong decisions can affect your organization’s finances and industry position.

5. Increase Enterprise Silos
Accumulation of dark data contributes to enterprise data silos. This is a situation where departments in an organization are not aware of data possessed by other departments due to a lack of centralized data management. Isolated dark data limits collaboration and integration.

6. Productivity Loss
Dark data accumulation can lead to waste. This is because employees will spend more time searching for information when needed. Your organization will also spend more to store unstructured and unorganized data.

7. Opportunity Loss
Not mining, analyzing, and organizing dark data is a lost opportunity for a company. If these data are accessible to the public, other organizations not part of the data collection can end up benefiting instead.

How to Handle Dark Data

1)   Identify all datasets of your organization residing across cloud services and offline storage for proper classification and cataloging.

2)   Research and identify security risks and compliance that may be associated with the dark data discovered and take steps to correct it.

3)   Organize sensitive data across both structured and unstructured data systems.

4)   Assign correct access to discovered personal data and their owners as well as server manager.

5)  Establish automated systems and processes to comply with data privacy laws and industry-specific legislation in health care, finance, and other sectors.

Management and employees for the reasons of logistics and priority, often relegate dark data. Without proper management and capturing, data has little value and can also pose serious security risks.

Your organization must be aware of the kind of information and data it possesses. Take immediate control of your dark data to improve your business health. Contact us today to learn more about how SDTEK can help you with all of your IT security needs.

Fort Wayne Indiana downtown
05 Jan, 2024
In an era where digital transformation is at its peak, businesses are increasingly vulnerable to cyber threats in Fort Wayne, Indiana. With cybercriminals becoming more sophisticated, local companies must avoid these threats to safeguard their digital assets. As cybersecurity experts, SDTEK is dedicated to helping Fort Wayne businesses fortify their defenses against these ever-evolving threats. Understanding the Cyber Threat Landscape in Fort Wayne Like many thriving urban areas, Fort Wayne is home to a diverse range of businesses. The variety of enterprises here makes the city a vibrant economic hub, from bustling tech startups to established manufacturing companies. However, this diversity also makes the area a target for cybercriminals. The most common threats include phishing attacks, ransomware, data breaches, and malware. Small and medium-sized businesses (SMBs) are particularly vulnerable, often due to limited IT security resources. Recognizing these threats is the first step in building an effective defense strategy. Why Cybersecurity Matters More Than Ever for Local Businesses The consequences of cyber attacks can be devastating. They can lead to financial loss, damage to reputation, and legal implications if customer data is compromised. In today's interconnected world, the fallout from a security breach can extend far beyond the immediate damage, impacting customer trust and business continuity. Tailored Cybersecurity Strategies for Fort Wayne Businesses At SDTEK, we understand that there is no one-size-fits-all solution to cybersecurity. This is why we offer customized security strategies that cater to the specific needs of Fort Wayne businesses. Our approach includes: Risk Assessment: Evaluate your business's particular risks, considering factors unique to your industry and operational model. Employee Training: Empowering your staff with knowledge and best practices to recognize and prevent potential cyber threats. Implementing Robust Security Measures: This includes firewalls, anti-virus software, and secure Wi-Fi networks tailored to your business's specific needs. Regular Monitoring and Updates: Continuously monitor for threats and keep your security systems up-to-date to combat new and emerging threats. Best Practices for Cyber Hygiene In addition to tailored strategies, there are general best practices that every business in Fort Wayne can implement: Regularly update software and systems to patch vulnerabilities. Use strong, unique passwords and consider multi-factor authentication. Regularly back up data and store it securely. Establish a clear policy for handling sensitive data. Collaboration and Continuous Learning Cybersecurity is not a one-time effort but a continuous process. Collaboration between businesses and cybersecurity experts like SDTEK is crucial. We encourage Fort Wayne businesses to engage in local cybersecurity forums and workshops to stay informed about the latest threats and defenses. Conclusion In Fort Wayne, staying ahead of cyber threats is essential for the longevity and success of your business. By understanding the risks, implementing tailored strategies, and practicing good cyber hygiene, local businesses can significantly reduce their vulnerability to cyber-attacks. At SDTEK, we are committed to partnering with you in this journey, providing the expertise and support you need to protect your digital assets and thrive in a digital-first world. For more insights and assistance on cybersecurity solutions tailored for your Fort Wayne business, contact SDTEK . Your digital safety is our priority.
06 Dec, 2023
In today's digital landscape, cybersecurity is paramount to protect sensitive business information from falling into the wrong hands. As a business owner, you understand the value of securing your data and safeguarding your reputation. That's where dark web monitoring comes into play. What is Dark Web Monitoring? The dark web is a hidden part of the internet where illegal activities often take place, including the buying and selling of stolen data. Dark web monitoring involves scanning the dark web to identify any instances of your business's compromised information being traded or sold. By monitoring these underground networks, you gain valuable insights and can take immediate action to mitigate potential risks. Key Features and Benefits Real-time Alerts: Dark web monitoring provides real-time alerts, notifying you the moment your business's data appears on the dark web. This allows you to respond swiftly and take the necessary steps to protect your sensitive information. Comprehensive Coverage: Dark web monitoring casts a wide net across various dark web platforms, ensuring comprehensive coverage. It searches for mentions of your business, compromised credentials, financial information, and other sensitive data that may have been exposed. Access to an Expert Support Team: With dark web monitoring, you're not alone in the fight against cyber threats. You have access to an expert support team that can guide you through the process, answer your questions, and provide recommendations to strengthen your cybersecurity posture. Addressing Misconceptions Misconception 1: Dark web monitoring is only necessary for large businesses. Cybercriminals do not discriminate based on business size. Any organization, regardless of its scale, can become a target. Small businesses are particularly vulnerable as they often lack the robust security infrastructure that larger enterprises may have. Dark web monitoring is essential for all businesses, regardless of their size, to proactively protect their data. Misconception 2: Dark web monitoring is too technical to understand. While dark web monitoring may involve technical processes, the service providers are equipped to simplify the complexities for you. They will guide you through the setup, explain the monitoring process, and provide actionable insights in a user-friendly manner. You don't need to be a cybersecurity expert to benefit from dark web monitoring. Misconception 3: Dark web monitoring is expensive. The cost of dark web monitoring is a fraction of the potential financial and reputational damage that a data breach can cause. It's an investment in the security and longevity of your business. Additionally, many service providers offer flexible pricing options to suit different business needs, making it an affordable solution for businesses of all sizes. Conclusion As a business owner, the protection of your data is essential for the continuity and success of your organization. Dark web monitoring offers a proactive approach to cybersecurity, enabling you to identify and respond to potential threats swiftly. By leveraging real-time alerts, comprehensive coverage, and the support of experts, you can safeguard your sensitive information, maintain customer trust, and protect your business from reputational damage. Don't wait until it's too late. Invest in dark web monitoring to stay one step ahead of cybercriminals and gain the peace of mind you deserve. Your business's security is worth it.
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