The importance of Protecting CAD and PLM Data
Securing the Company’s Most Valuable Secret
Product designs symbolize a company’s years of research, development, expertise, and creativity, making them a highly valuable intellectual property (IP). Safeguarding confidential product information in CAD and PLM files from wrongful disclosure, throughout its lifecycle and across the extended enterprise, is vital. However, once CAD and PLM data is shared beyond its origin, maintaining control over its security becomes difficult. Since data can be downloaded, copied, and accessed by different users, it can lead to intellectual property theft, which strongly affects the company’s performance. Therefore, it is crucial to implement robust security measures to protect CAD and PLM data at every stage of its lifecycle.
Navigating Extended Sharing
Across a global supply chain, collaboration that involves sharing CAD and PLM data with internal employees, external partners, suppliers, and contractors is crucial for the sustainable growth of businesses. This external sharing, however, presents the risk of intellectual property (IP) leakage or theft, posing significant business losses. Indeed, each participant in the supply chain may have different security measures, which creates potential security vulnerabilities to organizations. To counteract these risks, implementing a robust and centralized data protection system is necessary for the need to balance between sharing information and safeguarding sensitive assets. Using a dynamic data-centric security model ensures that critical information in CAD and PLM files are protected as they are accessed by different users and moved across different systems within the supply chain.
Ensuring Business Compliance Readiness
Achieving an end-to-end protection of CAD and PLM files is of utmost importance since it plays a critical role in ensuring business compliance readiness. In the current digital area, breaches or wrongful disclosure of such critical and proprietary data are on the rise, and they pose significant threats to organizations, causing reputational damage, legal consequences, and financial losses. To avoid those risks companies should consider implementing robust security access control, encryption, and auditing mechanisms, which allow them to meet different stringent regulations and compliance requirements. In addition, controlling access dynamically allows organizations to quickly adapt to changing requirements. Enhanced transparency and monitoring can also contribute to audit readiness, enabling companies to efficiently maintain comprehensive audit trails and simplify investigations. By protecting CAD and PLM files, enterprises can effectively adhere to compliance requirements and ensure their preparation to handle potential data leakage.