Data protection refers to the process of safeguarding data from compromise and loss, and preserving its privacy, confidentiality, integrity, and availability. It involves implementing measures and protocols to prevent unauthorized access, use, disclosure, alteration, or destruction of data.
As data breaches become more frequent and severe, it’s crucial for companies to prioritize their data security measures to avoid facing substantial fines and penalties. In fact, according to the Ponemon Institute, the projected average cost of a data breach is set to reach approximately $5 million in 2023. This marks an increase from $4.35 million in 2022 and $4.24 million in 2021.
Data breaches often result in severe consequences such as penalties and fines.
Here are the top 7 Data Breach Fines, Penalties, and Settlements to Date
In today’s digital era, collecting data has become an essential component of every business strategy. From small startups to large organizations, data play a critical role in helping businesses make informed decisions and evolve their operations. In fact, in a survey conducted in 2021, 37.8% of business executives said they believe their companies were data-driven.
Printing Watermark solution provides organizations with an ultimate option to secure their internal data and documents from leaks.
Remote work comes with challenges that are not present in the traditional workplace, therefore additional security measures should be taken.
To better understand the type of cyber security threats that any organization can face, we created a list of different threats.
A digital Watermark tracks online use and warns against content theft. It’s employed for different purposes such as copyright protection or broadcast tracking.
The HHS issued a warning on the risk to the healthcare sector from malicious insiders, due to an increase in internal data breaches.
Schools and universities hold valuable information and intellectual property. Yet, they can’t defend themselves from internal data breaches as companies do.
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