The need to protect company data is becoming increasingly apparent in today’s world full of cybersecurity threats and hackers. The results of data breeches usually lead to downgrading in the company’s reputation and financial fallout. The implications can be damaging, which is why there are some essential things you need to consider before building a business intelligence solution in-house.

Professionals who work in this domain may be familiar with such security and compliance topics, but as you may know, the technology world is exceptionally volatile and ambiguous. Continuous honing of skills and training is the only way to stay relevant, and professionals can now gain access to analytics online certified programs that can help equip them with the latest tools and technologies to stop leaking confidential data.

Coming back to the matter at hand, here are the top five security and compliance topics you absolutely have to keep in mind before building a BI solution.

• Data Governance is Key

Preparing a data governance framework is key to bringing all the data together securely from different accounts. It is all about mapping the data’s origin, ensuring data quality, and taking into account distribution procedures. Without understanding all these aspects, you may have a hard time putting together everything that goes into a proper data governance framework. This is where analytics online certified programs lend a hand. By equipping you with in-depth knowledge about every aspect of data analytics, these programs can help you steer clear of threats and risks.

• Data Security Must be in Check

Data security is a must in any software building, be it a business intelligence software or a machine learning one. It’s best to manage risk before initiating your project forward. The security requirements may vary from phase to phase and can be overwhelming. But, in the end, you’ll save time you would otherwise spend on setting up security safeguards into your new business solution than actually implementing it. So, ensure that data security measures are in place BEFORE you start working or implementing the BI solution.

• Privacy and Regulatory Considerations are Important too

The world is tightly wound up with privacy and regulatory considerations, but with good reason. You don’t want anyone snooping around while you are figuring out the next steps. So, the important question you need to ask yourself is “who has access and why”. Also, you must assess the increased risks the solution can be entitled to as you add additional sources of data. To learn in-depth about the privacy and regulatory considerations and how these can affect your BI solution, you may seek expert guidance from analytics online certified programs. These programs can help you understand critical aspects of data security and privacy which will ultimately ensure your project is risk-proof.

• Make Sure Access Control is Granted

Building a data lake is one thing, but when you grant access to your users, it is a completely different story. How do you implement segregation? Will, your solution scale the permission structure so only authorized personnel is granted access? Or does your data lake simply allow anyone to run queries across different sources? Accounting and managing all of these variables is challenging, which is why you need to have a unique skill set and training that can be gained by pursuing analytics online certified programs.

• Data Distribution Till the End

Even if you check all the necessary boxes for internal security and compliance measures, there’s always that fear of sharing insights outside the organization. The data is usually hidden behind several security layers which is why external users are not allowed to view or edit the data. Data distribution enables you to grant access to external users in a restricted manner so no one can tamper with the data. So, this is another key aspect of privacy and compliance checks that you need to take into account while building a BI solution.

Bottom Line

All of these considerations may seem overwhelming right now, but with the right training, experience, and skillset, you can overcome any security or privacy challenge. The ideal way is to hone your skills continuously. One such program that is proving to immensely popular in this domain is the business analytics online course by IIM Kozhikode. Offered on the Talentedge platform, the business analytics online course by IIM Kozhikode not only helps you learn how to take care of the analytical aspect of creating a BI solution but also the security and compliance part. So, for full-fledged knowledge of this domain, consider enrolling for the business analytics online course by IIM Kozhikode.