Data breaches are million dollar mistakes
Cybersecurity is not a new thing for any of us; we hear about stolen laptops with social security numbers on them pretty regularly. But quantifying just how much value lost data contains has always been a tricky subject.
A post at DigitalTrends takes a look, toting a staggering 7.2 million dollar loss on average.
What’s most interesting, we think, is this:
The study noted that the highest contributor to compromised internal data was negligence.
Of course, it’s very easy to be negligent. It’s difficult, time consuming, and obscure to stay up to date with all of the latest security patches, vendor updates, and requirements necessary to maintain a completely secure system.
There’s lots of money to be made off of stolen data. Criminals are only going to get more sophisticated in their attack vectors. Having a comprehensive computer and IT security plan as part of a business is a must anymore.