Planning and policies for IT security pay off, not only in savings in the event of a data breach, but also by reducing the likelihood of a breach. According to a 2014 Ponemon study sponsored by IBM, the average cost to a company for each compromised record with sensitive or personal information was $201. But
It’s a new year and as we look back at 2014, many businesses are discovering that last year was only the tip of cyber security hacks and security breaches. Last year will forever be known as “the year of the breach” with major security and data breaches happening to several major companies throughout the year.