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In 2024, the escalating threat of data breaches has reached unprecedented levels, with over 1 billion records compromised so far. This year has witnessed some of the most significant and damaging incidents, in recent history. Despite efforts to mitigate these risks, the situation continues to deteriorate, with vast quantities of sensitive personal information—including extensive medical records across the United States—being illicitly obtained and disseminated.

Data breaches can happen due to various reasons, including cyber-attacks, human error, or inadequate security measures. The consequences of a data breach can be severe for organizations of all sizes. They can lead to financial losses, reputational damage, and legal ramifications

With the fast-paced advancement of technology, the collection and management of data have become crucial for every business. Establishing robust data security measures is the key to ensuring long-term business success, despite the challenges involved.