The conundrum that faces the staff charged with keeping IT secure, is that there are a multitude of different threats. They include:
Data theft
Financial fraud
Malicious damage to computer resources, company web sites or data
Theft of computer resources (especially laptops)
Abuse of computer resources (viruses, unauthorized software, etc.)
Denial of service attacks.
The most costly security incidents involve financial fraud or data theft, particularly the theft of credit card information, which has a particularly high cost. This cost stems from several different factors including:
Internal investigation expenses that follows any data theft incident.
Crisis management costs, particularly notifying affected customers.
Regulatory non-compliance penalties, including state and federal fines and fees.
There is also a reputational cost which may exceed all of these costs. Read this whitepaper from Hurwitz & Associates to learn more about data security and in particular how to protect your company's sensitive data with an integrated encryption solution.
IT Channel Research Library
