How to Ensure Data Security Via Real Estate Cloud Applications?
Data security in real estate has always been a very sensitive issue, and real estate experts have taken a lot of care about it.
With more and more companies increasingly getting into SaaS products, artificial intelligence and big data, it has become all the more important today to know more about cyber security in the field of real estate.
SaaS is one of the three main categories of cloud computing. It is a software distribution model in which a third-party provider hosts applications, and distributes them to customers over the internet.
What is Cloud Security?
Cloud security is the protection of data, applications, and infrastructures via cloud computing.
Cloud computing is being widely adopted across many industry sectors. With adoption comes security concerns, but there are ways to ensure privacy and prevention of data loss.
How do you overcome data security challenges in the cloud?
Cloud computing is experiencing significant growth with rapid adoption among various regions around the world. By deploying cloud technology, most organizations have managed to reduce total cost of ownership, increase flexibility of IT implementation.
They have become more competitive emerging players, and meet time-to-market objectives. While cloud technology provides business benefits, there are a few challenges as well.
White cloud technology provides business benefits. However, there are a few challenges as well. Data residency and data security are key concerns when moving to the cloud.
The main concerns with data residency are – who manages and has access to the data, where’s the data stored and what laws apply. Knowing when data is breaching and if data will remain in the cloud even after termination of service.
Data Encryption and Tokenization
These are the key solutions to overcome data residency concerns. Data encryption is the mathematical process of converting clear text data into ciphertext. It cannot be read by anyone other than the customer who retains the encryption key.
In tokenization, actual data resides locally in a token database. Tokens that are associated with the data are randomly generated, and are sent to the cloud. The data can only be read by the custodian of the token database.
Tokenization protects only against external threats since anyone with access to the token database could access clear text data. Encryption protects against internal and external threats since there is segregation of duties between where the keys are managed and where the encrypted data is stored.
Tokenization requires higher capacity servers and databases. It also needs operational oversight to manage the critical token database that grows with increasing data volumes.
Encryption requires lighter-weight stateless servers with no data storage.
Transferring Data to Cloud
Once you move your information into the cloud, you will need help ensuring data security through data destruction by destroying the hard drive. Although this can be done at home, a safe way to completely wipe out data to it’s irrecoverable state is by getting help from data destruction companies.
To give an idea of how much energy is actually used in some of these degaussers, a Whitaker Brothers’ Datastroyer 105 Hard Drive Degausser will zap a drive with 20,000 Gauss, the mandated amount by the NSA to securely and efficiently destroy hard drives with top secret and classified information.
An affordable alternative, 105 Hard Drive Drawer Degausser, is designed to smoothly fit into a drawer, and is lightweight and perfect for tabletop or floor operation. This machine operates at 15,000 Gauss, and will erase any hard drive or magnetic media up to 5,000 Oe. Once put in one of these machines, the electromagnetic field can be completely destroyed in a matter of couple seconds. That way, we make sure that no information can ever be stored nor accessed again.
While machines like degaussers are geared towards large volumes of hard drive destruction, smaller companies are found using shredders such as centralized office shredders.
Ensuring Data Security via Data Centers
Company’s data stored in the ‘cloud’ are stored in a hard drive somewhere else. A sever host or a data center is an example.
Moving your data to the cloud does not necessarily mean that you are done with your part. Smart businesses ensure the data protection of their clients by following up with data centers. They also check various factors that confirm data safety.
Real estate companies are increasingly getting into Artificial Intelligence and cyber security. It is becoming essential for real estate companies to be mindful of data security.