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Hidden Costs of a Data Breach

February 22, 2022

If you knew that putting a lock on your front door would lessen the likelihood of your valuables being stolen, would you install a deadbolt? The logical and simple answer would be: yes.

The Internet wasn’t built with security in mind. There is no deadbolt to protect against all digital threats. It was built to be easy and fast, not to withstand sophisticated attacks from global threat actors. As technology has evolved, so have business and risk models. However, many organizations today still don’t fully understand the costs associated with data breaches or which factors must be considered when implementing tools to prevent future attacks.

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