As technology and big data continue to change the way we conduct business, it is critical to better understand how these technological advances impact your organization’s risk profile.
Data breaches are no longer a “what if” phenomena. They are a real threat for organizations of all sizes and industries. The size of your business doesn’t matter nearly as much as the nature of its activities.
And what can these breaches cost? According to the 2015 Cost of Data Breach Study by Ponemon Institute:
- The average number of records breached per incident is 28,070 records.
- These data breaches cost companies an average of $217 per record.
Though it varies based on several factors, including the number of records, the type of data, and the nature of the breach – the costs associated with a data breach can quickly add up.
To assist you in identifying exposures that may exist in your organization, we’ve prepared a cyber security and privacy liability self-assessment.
In this resource we provide questions to help you assess what aspects of your business make you more susceptible to a privacy or security breach.
Are you ready to take a closer look at your organization’s cyber risk profile? Download our new resource: Cyber Security & Privacy Liability Self-Assessment.
