According to a recent press release, “Netwrix, a vendor of data security and governance software, announced today the newest addition to its product portfolio, Netwrix Data Classification. This platform, which is built on technology from Netwrix’s acquisition of Concept Searching, empowers organizations to ensure their data benefits the organization, and is handled effectively, by automatically identifying, categorizing and tagging it with metadata. ‘We are excited to extend our product portfolio with Netwrix Data Classification. This value-added solution enables our customers to enhance business development activities and increase the value of their enterprise data. Complex data governance processes are automated, security efforts prioritized, and privacy and compliance requirements easily addressed at reduced cost. Netwrix offers a real alternative to organizations seeking a data classification solution that is easy to use, delivers faster time to market, and provides increased accuracy,’ said Martin Garland, President of the Concept Searching business unit at Netwrix.

The release goes on, “With Netwrix Data Classification, organizations are able to: (1) Identify sensitive information and reduce its exposure – Data security professionals can identify the data repositories with the most sensitive information so they can secure them first, as well as to detect any PII, PCI, PHI or IP that surfaces outside of a secure location so they can respond promptly. (2) Improve employee productivity and decision making – Line of business leaders can foster effective collaboration between knowledge workers and improve business decisions, because data is put into a logical order. (3) Reduce costs by cleaning up unneeded data – Organizations can discover redundant, obsolete or trivial information that can be safely deleted or archived, reducing data management and storage expenses.”

Read more at PR Newswire.

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