We get it. Budgets are tight. Every dollar counts. Most of us are measured either by revenue or cost savings. The incurred cost of being hit with a data breach for small and large corporations rose by double digits over the last five years to almost $4 million per breach. However, U.S.-based data breach victims suffered a much higher loss rate: $8.2 million per event. Then there’s Equifax who’s data breach will total at least $671 million. Plus this doesn’t even take into account the brand reputation damage and losses.
We mentioned this in last month’s newsletter and Cook has taken a proactive approach by providing our Compliance Assessments for our customers. Full article here.
We strongly suggest scheduling a Compliance Assessment so we can help you build your protection plan.
Here are some helpful sites: