Another year came and went and the breach statistics were once again smashed by a raft of data compromises and thefts across the private and public sectors. According to the Identity Theft Resource Center, the number of compromised records more than doubled from 2014 to 2015. And Ponemon Institute estimates that the cost of those breaches just keeps rising--6 percent over the past year.
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Enduring a major data breach is certainly bad, but it can be made worse by botching the public disclosure of that breach. A lot worse.
CIOs and CISOs unanimously agree that IT departments need beefed-up security with solutions that can not only cope with an ever-increasing number of threats, but also integrate with existing infrastructure to minimize both deployment and performance impact.
A legitimate concern for customer loyalty and fear of cyber risks can combine in a customer-centric business strategy that protects both the company and its clients. Protecting the customer’s sensitive information should be treated not only as a compliance task needed to complete the audit processes, but as a core responsibility.