Electronic Redaction Is Essential in Protecting Client Information
Did you know that a recent study revealed that the total cost of a data breach in the United States can exceed $7 million, with an average per-record cost of +$200?
Most organizations hold confidential material that needs to be secured, and sensitive information management is relevant in any sector. Usually this material can be categorized into either company data, employee data, or customer data. As specialists in electronic document security, we relieve you of the heavy lifting that comes with tedious manual redaction efforts.
Redaction means omitting information for compliance and security by removing all traces of confidential content. Manual redaction– blacking out personal data by hand– is a massive waste of resources. The amount of incoming data that requires review is going to keep growing larger, and compliance regulations and cost for proper redaction are going to expand along with it.
Manually completing this process entails teams of worker bees examining documents for Personally Identifiable Information (PII), and it is still a great risk that this hidden information is uncovered by the wrong people. Redacting with markers may still be “seen through,” redaction tape may be extricated, and simpler software may either miss the sensitive data or improperly cover it up.