What’s more valuable than money in a bank? : BPO Watch India

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What's more valuable than money in a bank?

By Amit Paul Babu
September 15, 2008

With the exponential increase in internet services provided by banks the quantity of such stored information is massive.

What's more valuable than money in a bank?

Information Rights Management approaches are built on this principles. Using IRM, granular security control can be made to travel with the information wherever it goes, instead of securing just the environment in which the information is used. Also, this control is dynamic and can be aligned to dynamic business relationships. A document shared with a vendor earlier can be made inaccessible remotely, in case the vendor moves out of the approved vendor list (AVL). Data outsourced can be made inaccessible through inbuilt expiry. The benefit in all this is that the owner organization retains the control to allow disallow specific usages of information, in spite of freely sharing it. And this is how the information economy of tomorrow needs to be managed and governed.

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