Secure Online Data Repository (SODR) is a massive database that gathers, manages and preserves information sets to be used for analysis and reporting. It uses structured organization methods using standard schemas, metadata and schemas to make the information easy to locate. It also stores data from multiple sources in a single location for better integration.
A central system can be used to ensure uniform management practices and conformity to the requirements of regulatory agencies. For example it could be used to determine how long data should be kept or the manner in which they should be deleted. Data repositories are typically equipped with robust access control mechanisms. They have specific permissions that limit the access of authorized users to specific data segments. This makes it difficult for hackers to target specific data points. They might also have tools for monitoring the patterns of access to data. This makes it easier to detect suspicious actions.
Improved Data Quality: Most repositories include features to cleanse data and provide quality assurance, which increases the reliability of business intelligence and analytics efforts. However, this approach could sometimes lead to redundancy, which increases the cost of storage and may cause difficulties in data migration.
Security: Data repositories could be attractive targets for cyber-attacks, and it is imperative to implement strict security measures. They also have regular backups, as well as strict access control.
A well-designed repository can assist your organization’s goals of business intelligence and analytics while protecting sensitive data from unauthorized access and assisting you adhere to the regulations such as GDPR. Lepide Data Security Platform, for example, enables you to check your repository for sensitive data, and then automatically classifies it according to the type it’s discovered, so you can easily set access control policies.
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