The data has transitioned from a mere commodity to an indispensable lifeline for developing economies. It serves as the foundation for critical decision-making, innovation and progress across various sectors. The security of this data is paramount, as any exposure can reveal both strengths and vulnerabilities within institutions. Therefore, data security is imperative to safeguard sensitive information from malicious threats or phishing.
Data sovereignty emerges as a critical consideration with far-reaching implications. Nations are grappling with the challenges and opportunities presented by data sovereignty, seeking to balance the need to protect privacy, ensure security and foster economic growth.
Notable examples underscore the adverse economic impact of data breaches. In 2017, Equifax, a major credit reporting agency, experienced a cyberattack compromising personal information of nearly 147 million Americans. This breach eroded trust in the credit reporting system, leading to increased concerns about identity theft and financial fraud, resulting in lawsuits, regulatory scrutiny and a decline in Equifax’s stock value.
Even giants like Facebook were not spared. In the case of Cambridge Analytica in 2018, the personal data of around 87 million Facebook users was improperly shared with the political consulting firm, raising concerns about user privacy and data misuse and prompting increased scrutiny of social media platforms.
The ability of nations to thrive or falter is closely tied to their capacity to harness, interpret and utilise data effectively. Data powers essential services, shaping policies, strategies and advancements across healthcare, education, governance and commerce.
Data centres and cloud platforms have become the cornerstone of modern technological infrastructure, playing a crucial role in storing, processing and managing vast amounts of data. In Pakistan, companies like Jazz have significantly accelerated the pace of digital transformation by investing in state-of-the-art data centres and cloud platforms, enabling secure and scalable storage solutions, computing resources and fostering economic growth, positively impacting economic activity and social uplift.
Globally, data security is a shared responsibility involving government agencies and regulatory bodies. In Pakistan, the Ministry of Information Technology and Telecommunication (MoIT) plays a vital role in crafting policies for data security and privacy. Working with other entities, MoIT sets guidelines for data protection and cybersecurity, fostering a safe digital environment.
Keeping Pakistani data within the country aligns with national priorities and regulations. This requires strong encryption, robust firewalls and adherence to high standards. Certification, such as ISO/IEC for information security management systems, is crucial for validation.
On data protection, Garaj Cloud platform is a good example. With ISO/IEC certification and compliance with regulatory policies (particularly those set by PTA) backing it, Garaj has become a solid blueprint for telecommunication operators for a giant leap in data sovereignty.
A locally hosted Cloud solution represents a significant stride towards ensuring that data generated within Pakistan is stored within the country enabling businesses, public institutions, educational organisations and local startups to enhance their operational efficiency, expand their capacity and expedite their growth aspirations.
Cloud computing allows organisations to quickly deploy and scale applications by using scalable infrastructure and services from cloud providers. This enables faster development, testing and efficient collaboration, freeing businesses from managing hardware and software.
Transitioning to Cloud Solutions, exemplified by Garaj, equips organisations to handle unexpected events effectively, backing up, maintaining uninterrupted business operations. With pay-as-you-go payment models, organisations can shift from fixed CAPEX to a more flexible approach, paying only for the resources they use. Most importantly, when stored within the boundaries of the nation, they reduce import bills and significantly protect forex reserves, offering a cost-effective alternative to global services.
Published in The Express Tribune, January 25th, 2024.
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