How does Guidewire address data security and privacy?

Guidewire addresses data security and privacy by implementing access controls and data encryption. This approach is crucial in protecting sensitive information from unauthorized access and ensuring that only authorized users can access or manipulate the data. Access controls help to define who can view or use specific data sets, thereby reducing the risk of data breaches. Meanwhile, data encryption converts information into a secure format that can only be read or processed after decryption, ensuring data remains confidential both in transit and at rest.

The other options do not adequately reflect effective strategies to safeguard data. Eliminating customer data entirely is impractical and counterproductive, as businesses rely on customer information for operational and relationship purposes. Limiting data access to external partners only presents risks, as it could expose data to potential leaks and does not provide a comprehensive security framework. Offering public access to all data would fundamentally compromise privacy and security, making sensitive information readily available to anyone, which is contrary to the principles of data protection.