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What is the reason data security is essential?
August 10, 2023
2:52 am
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Virginia Romo
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Secure data is essential for a variety of reasons. One of the main reasons to invest in data security concerns reducing the risk of damage and costs resulting from a data breach. As per IBM, along with the Ponemon Institute, the average cost of a data security breach amounts to $3.6 million that comprises the following kinds of expenses:
1. Escalation detection and detection (28.8 percent)
2. Remediation (6.2%)
3. Ex-post response (25.4%)
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