In a newly published case study, Canopius, a global specialty (re)insurer and one of the top 10 insurers in the Lloyd’s insurance market, documents how ControlPoint from Micro Focus increased the visibility of their unstructured data to improve security, efficiency, and regulation compliance.
In the study, canopius realized the following results:
- Deleted 4.3 million files to reduce litigation risk or security gaps
- Improved data privacy regulation compliance
- Improved efficiency and productivity
- Reduced storage costs
Canopius was challenged with an enormous amount of unstructured data and was looking for a solution to cleanse, classify and migrate this data. Canopius is not alone in this problem of learning how to manage all types of data and when to keep, archive, or delete it.
Mounting regulations, such as the EU’s General Data Protection Regulation (GDPR) and California’s Consumer Privacy Act (CCPA), place stringent demands on organizations to come to terms with their data management strategies with an end game of minimizing risk and protecting sensitive data.