Lesson: Data Loss Prevention

In this lesson, Nick Palazzolo, CPA, dives deep into the challenges and mechanics of Data Loss Prevention (DLP), focusing on how crucial it is for maintaining confidentiality and privacy in an organizational context. He explains the functionalities and components of DLP—identifying sensitive data, creating policies, and enforcing these through DLP software to control and monitor data usage. Nick emphasizes DLP's role in compliance with regulations like HIPAA, GDPR, and PCI DSS, while also exploring how these tools handle sensitive information, performing processes such as content inspection, contextual analysis, fingerprinting, and classification. Furthermore, he discusses the practical aspects, challenges, and necessary balance between security measures and operational efficiency, providing real-world examples to illustrate how overly restrictive policies can impact productivity. Nick wraps up by stressing the importance of updating these safeguards in response to new data types and evolving digital landscapes, ensuring a comprehensive approach to data security.