In today’s digital world, business data is your organization’s single most valuable asset. Data is about your customers, employees, and partners. Data is about your IP, mergers and acquisitions, strategy, and sales figures.
Business Data: Your Most Valuable Asset
The data might be generated by your organization or it might have been entrusted to you, such as PII (Personally Identifiable Information), PCI (Payment Card), or PHI (Personal Health Information) data. Your data presents a great value for thieves, state sponsored criminals and malicious insiders who will do anything to get their hands onto it.
Costs of a Security Breach
Data breaches continue to cost more and result in more consumer records being lost or stolen. In the first half of 2019 there were 3,800 publicly disclosed data breaches. More than 4.1 billion records were exposed. A data breach involving more than one million compromised records is referred to as a mega breach.
More than 100 countries have adopted data privacy and data protection laws such as GDPR. Industry regulations, including PCI and HIPAA, have their own data protection requirements. Companies that are out of compliance can face hefty fines.
Do you want to know how you can protect your organization’s most value asset? Download the whitepaper to find out more!