In part I of this series, I highlighted 5 hidden costs of data security and compliance that businesses often don’t anticipate when embarking upon integration and data management projects.
To recap, here they are again in very short form:
Hidden cost #1: Not just CAPEX, OPEX too
Hidden cost #2: “Tacking on” security too late into the project
Hidden cost #3: Continuous compliance
Hidden cost #4: Continuous “creep” as project expands over time
HIdden cost #5: Opportunity cost
All these hidden costs (along with expected costs) really add up, making security and compliance a big commitment, especially if your organization is in a regulated industry. But what’s the alternative? Security cannot be taken for granted—your organization’s reputation and revenue are at stake.
One strategy to reduce the hidden costs of security and compliance is moving data operations to a third-party hosted solution or managed service, such as Liaison’s ALLOY™ platform. A managed services approach neutralizes cost uncertainties through its fixed cost structure and proven ability to efficiently implement the solution required. What’s more, its economies of scale are able to provide the solution at far lower costs than individual enterprises would invest otherwise.
In many ways, organizations have already begun this shift simply through the act of adopting cloud services and relying on those providers’ SLAs as guarantee that data is adequately safeguarded. But this decentralization leads to inherent risks as you attempt to maintain inventory of what data goes where—as well as move it across the cloud (and your enterprise) for the purpose of integration and consolidation.
In the case of ALLOY, integration operations are handled in the cloud as managed services and leverage our fully certified infrastructure which includes certifications for the most stringent compliance frameworks including PCI DSS, HIPAA, and SSAE16 SOC 2.
The scope of ALLOY’s compliance domain far exceeds those of other integration providers, including ESB and iPaaS providers. What’s more, all users of the ALLOY platform “inherit” the benefits of this continuous security and compliance model, regardless of data type or industry.
Liaison’s new approach to integration significantly reduces the hidden costs—and hidden risk—of undertaking security and compliance projects at your organization, and goes a long way toward future proofing your efforts. Just as important, while you’re allowing our experts to manage these critical aspects of your data operations, your valuable (and often scarce) IT resources are freed to focus on innovations core to your business mission.
(Want to learn more about ALLOY’s unique approach to integration and security? View our security and compliance brochure.)
By Hmong Vang, Liaison Technologies Chief Trust Officer