No company can afford the backlash associated with a data breach. It’s not just the fines, it’s also the monumental impact to the company’s reputation and potential hit to customer loyalty that can ultimately prove difficult for even the largest organizations to overcome.
Unfortunately, data breaches and ransomware attacks are seemingly regular events with new occurrences continuously making headlines. In fact, in the first 10 months of 2017 alone there were a reported 1,120 breaches and more than 171 million records exposed — a significant jump from the 36.6 million exposed records in all of 2016.
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