Secure Online Data Repository (SODR) is a vast database that collects, organizes, and keeps data sets that can be used for analysis and reporting. It employs structured organizational methods as well as standard schemas and metadata to make the data easy to locate. It also allows for the storage of multiple sources of data in a single location to facilitate better integration.
A central system can provide a consistent set of management practices and complies with regulations for example, controlling how long data should be kept for or how it should be disposed of. Data repositories often have robust access control mechanisms, which include restricted permissions that restrict users to specific data segments and makes it harder for hackers collaboration between accountants and their clients to attack individual data points. They also may have tools to examine patterns of data access, making it easier to detect suspicious activities.
Improved Data Quality: The majority of repositories provide features for cleansing data and quality assurance, which improves the reliability of business intelligence and analytics efforts. This approach can lead to redundant storage, which can increase costs for storage and makes it more difficult for data to migrate.
Security Data repositories are a prime targets for cyber-attacks that is why the implementation of strong security measures crucial. They also maintain regular backups, in addition to strict access control.
A well-built data repository can aid your company’s goals for business analysis and intelligence, as well as safeguarding sensitive data from unauthorized access and helping you adhere to regulations such as GDPR. Lepide Data Security Platform, for instance, allows you to check your repository for sensitive information, and automatically classifies it as it’s discovered, so you can easily define access control policies.