Data Risk Management Program Implementation for Ullico

This case study outlines the implementation of a Data Risk Management (DRM) program by Infolock for Ullico, a financial services company based in Washington, D.C. The project aimed to enhance Ullico's data loss prevention (DLP) efforts and establish a comprehensive DRM strategy. Infolock utilized its DataRAMP™ framework to provide a structured approach to data risk management, focusing on governance, visibility, and protection. The initiative included setting up a Data Risk Management Body (DRMB) led by Ullico's CIO, conducting a business risk assessment, and implementing proactive testing to mitigate data exfiltration risks. The results demonstrated significant improvements in data governance and risk management, with metrics from the Data Risk Index (DRI) guiding ongoing decision-making. The program enabled Ullico to better understand data usage, prioritize risks, and enhance the overall effectiveness of its data security measures, ultimately transforming its approach to managing both internal and external data risks.