Securing Nearshore and Offshore Business Models - A Data Centric Security Approach
As companies expand globally, nearshoring and offshoring have become essential strategies to drive cost efficiency, access specialized talent and improve scalability. This enables companies to improve oversight and collaboration. However, moving operations across borders comes with its own sets of challenges that companies should be aware of. SAP outlines five key realities companies face when pursuing nearshoring and offshoring strategies – including supply chain risk, labor shortages, and the need to invest in digital tools to stay agile.
While moving operations to countries closer in proximity or within similar time zones can enhance innovation, collaboration, and cut costs, it also introduces new challenges for data security, compliance, and governance. Organizations need to navigate different regulatory compliance requirements, protect intellectual property across distributed teams, and mitigate cybersecurity risks in environments with limited oversight.Â
This paper explores five critical data security challenges organizations must address when moving business functions across borders – ranging from cross-border data transfer issues to difficulties enforcing consistent access controls and maintaining visibility across jurisdictions.
To help organizations address these challenges without restructuring their operations, the paper introduces a 4-step Zero Trust Data Security approach to secure sensitive data in nearshoring and offshoring. This model applies data-centric security controls that enforce protections wherever data resides, enforce policies through a distributed policy engine, automate compliance procedures, and continuously verify access.Â
Learn how NextLabs Zero Trust Data Security enables companies to implement this model through features like format-preserving encryption (FPE), logical data segregation, digital rights management (DRM), and distributed policy enforcement. The paper also explains how businesses can automate compliance procedures across regulatory frameworks like GDPR, HIPAA, and SOX, helping to prevent violations before they occur, while maintaining agility in nearshore and offshore operations.Â
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