September 28, 2020

How Data Loss Prevention (DLP) Matters to Your Security Strategy

The terms "data loss" and "data loss" are related and often used interchangeably. Data loss incidents become data leak incidents in cases where the media containing confidential information is lost and subsequently acquired by an unauthorized party. However, a data leak is possible without losing the data on the source side. Other terms associated with data leak prevention are information leak detection and prevention (ILDP), information leak prevention (ILP), content monitoring and filtering (CMF), information protection and control (IPC) and system Extrusion Prevention (EPS), instead of Intrusion Prevention System.

Growing need to save data on public and private cloud and increasing focus on meeting regulatory and compliance requirements are influencing the growth of the data loss prevention market. Factors such as increasing cyber-attacks and data breaches are fueling the demand for data loss prevention market. Furthermore, the acceptance of cloud-based solution models and the growing adoption of highly advanced and user-friendly solutions to curb data-thefts is expected to trigger the growth of the data loss prevention market during the forecast period.

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Key companies

Broadcom, CoSoSys Ltd., Digital Guardian, Forcepoint, LLC, GTB Technologies, Proofpoint, RSA Security LLC (Dell Technologies Inc.), Trend Micro Incorporated, Trustwave Holdings, Zecurion

Data loss prevention (DLP) is a software designed to prevent potential data breaches by detecting, monitoring, and blocking critical data in motion, in use, and at rest. It helps to prevent the accidental data loss or transfer of organization critical data, also it ensures data security, thereby increasing adoption of the DLP solution that propels the growth of the data loss prevention market. Moreover, increasing internet penetration and high dependency on the communication channel is a surge in data breach cases, therefore, the need for effective solutions for data save which driving the growth of the market.