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Financial Services Data Privacy Data Migration 22 nd May 2014 © ERS 2014 Concerns on data privacy through an IT Transformation Programme Keith Bucknall Strategy, Architecture & Infrastructure - ERS http://uk.linkedin.com/in/keithbucknall/ @keithbucknall http://www.keithbucknall.co.uk

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Page 1: Financial Services Data Privacy Data Migrationmedia.techtarget.com/.../downloads/dataprivacy-presentation-may-2… · Financial Services Data Privacy – Data Migration 22nd May 2014

Financial Services Data Privacy –

Data Migration

22nd May 2014

© ERS 2014

Concerns on data privacy through an

IT Transformation Programme

Keith Bucknall Strategy, Architecture & Infrastructure - ERS http://uk.linkedin.com/in/keithbucknall/ @keithbucknall http://www.keithbucknall.co.uk

Page 2: Financial Services Data Privacy Data Migrationmedia.techtarget.com/.../downloads/dataprivacy-presentation-may-2… · Financial Services Data Privacy – Data Migration 22nd May 2014

© ERS 2014

ERS

• Leading motor insurer for more than 60 years

• Largest personal lines syndicate within the Lloyd’s Market.

• ERS offers a diverse range of insurance for private cars, classic cars, vans, motorcycles, taxis, minibuses, fleets, haulage and agricultural vehicles. One of the top 10 Leading UK Insurers.

• Insurer 1 in 4 motorcycles in the UK.

Page 3: Financial Services Data Privacy Data Migrationmedia.techtarget.com/.../downloads/dataprivacy-presentation-may-2… · Financial Services Data Privacy – Data Migration 22nd May 2014

What is data & why is it

important?

© ERS 2014

Page 4: Financial Services Data Privacy Data Migrationmedia.techtarget.com/.../downloads/dataprivacy-presentation-may-2… · Financial Services Data Privacy – Data Migration 22nd May 2014

© ERS 2014

Do you know where your data is?

Facts and statistics collected together for reference or analysis - Oxford English Dictionary

The quantities, characters, or symbols on which operations are performed by a computer, which may be stored and transmitted in the form of electrical signals

and recorded on magnetic, optical, or mechanical recording media - Wikipedia

Page 5: Financial Services Data Privacy Data Migrationmedia.techtarget.com/.../downloads/dataprivacy-presentation-may-2… · Financial Services Data Privacy – Data Migration 22nd May 2014

© ERS 2014

Data – Why is it important

The average cost of the worst breach for large organisations is £600,000 to £1.15m, up from £450,000

to £850,000 a year ago, according to the 2014 Information Security Breaches Survey.

Page 6: Financial Services Data Privacy Data Migrationmedia.techtarget.com/.../downloads/dataprivacy-presentation-may-2… · Financial Services Data Privacy – Data Migration 22nd May 2014

© ERS 2014

Our story through a IT Strategy & Transformation

Page 7: Financial Services Data Privacy Data Migrationmedia.techtarget.com/.../downloads/dataprivacy-presentation-may-2… · Financial Services Data Privacy – Data Migration 22nd May 2014

© ERS 2014

IT Transformation

• Company reorganisation / restructure

• IT Operating Model: – Shift Outsource to Co-source

• Application Consolidation & Re-platform: – Data Archive / Migration

– System Decommissions

• New hosting facilities

• Network (local & wide area) refresh

• Telephony refresh

Page 8: Financial Services Data Privacy Data Migrationmedia.techtarget.com/.../downloads/dataprivacy-presentation-may-2… · Financial Services Data Privacy – Data Migration 22nd May 2014

© ERS 2014

System Consolidation

Page 9: Financial Services Data Privacy Data Migrationmedia.techtarget.com/.../downloads/dataprivacy-presentation-may-2… · Financial Services Data Privacy – Data Migration 22nd May 2014

© ERS 2014

What did this mean?

• New Suppliers: – data transfer, access or data processing

• New Systems: – access to key systems, IP, trading and company sensitive

information

• Data Migrations: – how, secure, auditing / reconciliation, live VS archive

data, decommission

• New Devices: – BYOD, pressures, mobile, access anywhere!

• New Staff: – vetting, checks, contracts, ideas

Page 10: Financial Services Data Privacy Data Migrationmedia.techtarget.com/.../downloads/dataprivacy-presentation-may-2… · Financial Services Data Privacy – Data Migration 22nd May 2014

© ERS 2014

1. Who administers system data? Business or IT

Poll?

2. Who owns or is responsible for the data in a system?

Business or IT

Page 11: Financial Services Data Privacy Data Migrationmedia.techtarget.com/.../downloads/dataprivacy-presentation-may-2… · Financial Services Data Privacy – Data Migration 22nd May 2014

© ERS 2014

Work with the business?

• Working with compliance, risk and audit: – Strategy specific risk register – Data transfer agreement – Privacy impact assessment – NDA’s – Internal audits on projects – data migration

• Raise awareness of data ownership • Nominate Data owners / representatives and

system owners • Data Security Committee & breach reporting • Archive & Retention policy

Page 12: Financial Services Data Privacy Data Migrationmedia.techtarget.com/.../downloads/dataprivacy-presentation-may-2… · Financial Services Data Privacy – Data Migration 22nd May 2014

© ERS 2014

Additional initiatives?

• Dropbox type of service

• Reduction in backup and restore windows (by 70%)

• Alignment of App SLA’s to Infrastructure

• Mobile Device Management

• Internal & Guest secured wireless

• Network Access Protection & identity management

• Intrusion detection & prevention

• Data Leakage Prevention

• Secure & Closed Circuit Messaging

• Social Engineering & physical security exercises

Page 13: Financial Services Data Privacy Data Migrationmedia.techtarget.com/.../downloads/dataprivacy-presentation-may-2… · Financial Services Data Privacy – Data Migration 22nd May 2014

© ERS 2014

The IT Department is changing? • The desktop era • xYOD • Generation X,Y,Z – “baby boomers” • Social everything • Wearable tech

• Big Data

• Data Duplication

• Speed to implement – cut corners

• Staff

Page 14: Financial Services Data Privacy Data Migrationmedia.techtarget.com/.../downloads/dataprivacy-presentation-may-2… · Financial Services Data Privacy – Data Migration 22nd May 2014

Closing thoughts?

© ERS 2014

Page 15: Financial Services Data Privacy Data Migrationmedia.techtarget.com/.../downloads/dataprivacy-presentation-may-2… · Financial Services Data Privacy – Data Migration 22nd May 2014

© ERS 2014

http://uk.linkedin.com/in/keithbucknall/ @keithbucknall http://www.keithbucknall.co.uk [email protected]