support
Send this page to a colleagueData quality news
Oracle: Data security a key issue for investors
Jun 22 2009, 00:43 AM
Data security will become an increasingly important issue to investors in the coming years, according to Oracle.
Speaking at an event organised by the Recruitment and Employment Confederation, Oracle's Nigel Virgo explained that many companies now had substantial databases of customer and employee information.
Database management has become a key role in companies as they look to find ways to effectively use the information for marketing purposes.
Mr Virgo said it is important not to let the "management of the information get out of control", as that may lead to security risks.
Any kind of data security problem may have serious long-term implications for companies, he continued.
Many investors now view IT security as an important part of their investment decisions, said Mr Virgo, so any business which has had data loss problems may have difficulty finding financial backers.
The view was expressed just days after Marketing Innovation Group advised companies that extensive customer databases can be used as effectively for client retention as customer acquisition.
Find out how Experian QAS can help you with your data quality requirements.
Written by Ian Paynton
Related articles...
-
Data centre spending to reach AUS$96 billion this year - Gartner
- Oct 17 2011, 17:08 PM Global spending on database management hardware is set to reach AUS$96 billion in 2011, according to research by Gartner.
-
Bioinformatics 'linked with data management'
- Apr 14 2011, 13:28 PM Data management experts may be trained in bioinformatics.
-
'Increased need' for health data management in NSW
- Apr 7 2011, 15:14 PM Data management is becoming a more important issue for general practices in areas of Australia such as New South Wales.
For more data news, you can choose a category of your choice using the filter functionality on the right hand menu
