The amount of sensitive data on the servers of mid-to-large enterprises can be quite shocking. Included in the data could be credit card numbers. Locally storing your customer’s credit card data can be a risky proposition as your company could fall victim to a costly data breach.
Many large enterprises keep multiple copies of their customers’ payment data on old legacy systems whose underlying technologies remain solidly rooted in the 1960s. Because these systems are transaction-based rather than customer-based, their interoperability with internal audit and accounting processes is severely limited. To make matters worse, organizations often don’t know where sensitive data resides on those systems and have no control over it.