Is it time to hit reset on the way you think about Data Security?

by Micro Focus Employee in CyberRes

While the world is still dealing with the global pandemic and the vulnerabilities it has exposed, many organizations are looking at how they do business and how they can transform their businesses to be more resilient, more sustainable, and more aware. Additionally, societal, economic, and ecological forces are pushing governments, businesses, and investors to think more about building businesses that serve a greater good - not just the bottom line. In June 2020, the World Economic Forum Chairman Klaus Schwab and Prince Charles released a podcast that focused on the concept of a “Great Reset” – a social movement to bring the world's best minds together to seek a better, fairer, greener, healthier planet as we rebuild from the pandemic.  

Is it time to hit reset on the way you think about Data Security?At Micro Focus we have formally committed to reducing our environmental impact. As an organization, we are focusing on reducing our total energy consumption and waste material while taking steps to improve energy efficiencies and conservation across the company. Micro Focus INSPIRE, our corporate social responsibility program, includes environmental governance focused on reducing emissions and increasing the use of renewable energy. Today, 40% of our energy comes from renewable sources (with a target of 50% by the end of this year) and we have an above-average B rating in the Carbon Disclosure Project for Europe and the IT software development sector.  

At the product and portfolio level, Voltage Data Privacy and Protection provides solutions to help customers address their carbon footprint by providing sustainability-friendly, carbon-reducing data security strategies. Voltage SecureData’s Format-Preserving Encryption provides sustainable encryption techniques that can run more efficiently than techniques like homomorphic encryption. Voltage File Analysis Suite and Structured Data Manager provide data clean up, data archiving, and data migration capabilities for structured and unstructured data that help reduce data storage costs, eliminate legacy applications and maintenance, enable IT modernization, and drive smarter cloud migrations while reducing the total volume of data stored (and in back-ups), and the number of servers running in the data center. By eliminating redundant, out-of-date, or trivial data across the enterprise, Voltage customers can reduce their carbon footprint in cloud migration efforts by two metric tonnes of CO2 per terabyte of data.  

As organizations move more and more enterprise workloads and data to the cloud, vendors like Amazon can also help drive down carbon emissions. In a 2019 report from 451 research titled, The Carbon Reduction Opportunity of Moving to Amazon Web Services, they found moving enterprise workloads to AWS showed significant IT operational efficiencies and carbon footprint reduction. This is due to Amazon’s use of renewable energy, energy-efficient servers, and improved server utilization. Further, 451 Research calculations in the report showed moving a 1-megawatt enterprise data center (at standard 30% server utilization) to AWS can reduce carbon emissions by 400-1000 metric tonnes per year on average. This trend looks to continue to show more potential savings due to Amazon’s renewable energy goals (80% renewable by 2024 and 100% by 2030). 

So, how do you equate the cost of carbon emissions and the savings? According to Scientific American, the Biden Administration in the US set the price for a metric tonne at around $50 – that means a petabyte of data has a carbon footprint of 4,000 metric tonnes of CO2 with a price tag of $500,000 annually. The cost savings are significant as well; for every terabyte disposed, organizations can save upwards of ~$3,300/ TB of primary storage costs. As a result, building a data security practice that understands the value of data, protects the crown jewels, and keeps only data that has business purpose can not only help protect the business, and show bottom-line savings, but it can also support your shift towards more sustainable business practices.  

If you’re considering how your business can become more sustainable, it may just be time to think about hitting the reset on how Data Security can be used as a tool for greener, more sustainable business practices to discover, use, protect, monitor, and manage your most sensitive data. 

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