Having a solid data security plan is extremely imperative for all companies these days. Regardless of its industry and size, businesses that lack a proper data security measures, systems and protocols face a greater risk of a data breach.
While data breach is as old as the internet itself, it remains one of the most devastating threats in the cybersecurity. They are occurring more frequently nowadays, with an IBM security report saying that there were about 1.5 million monitored cyber attacks in the United States alone in 2013. This figure has significantly increased over the past five years; in 2017 the number of records compromised due to data security breach attacks surpassed 2.5 billion, up by 88% from the previous year.
A data breach of any scale and nature can severely affect the business in so many ways. From a damaged reputation to lost revenue and potential legal liability, many companies have fallen victim to some of the most damaging security breaches in history . Learn more about this topic by checking out the infographic below from TeleMessage.