Unfortunately, many businesses are not doing what they are supposed to do when it comes to keeping their customers personal information safe. A study by Experian Data Breach Resolution and the Ponemon Institute found that most companies don’t put in their best efforts to protect customer information. E-Valve however, goes above and beyond to make sure your data is safe and protected. Why settle for less when you can receive the best service today?
The report showed that 60 percent of the businesses reported that customer data was not properly encrypted. What is the reason behind all of these problems? Companies are allowing their data to be seen by third parties which cause data to be lost and stolen. Not all breached data is a result of an insider outsourcing data to a third party.
It is not only the responsibility of the IT technician. The responsibility is in the hands of everyone including the consumers. The damage that can be done to your company could be very bad if you don’t take the proper precautions. For every lost record, an average of $214 is lost. As you can see that is a lot of money wasted due to negligence. After the report came out, 61% of companies increased their security budget and 28% decided to hire more IT personnel.
To avoid problems:
Educate-This is one of the most important aspects of any IT company. It is essential to conduct training, awareness training and enforce security policies. All of these things should be a priority.
Support-Increased privacy and data protection comes with larger security budgets. It doesn’t just take time, but companies need proper monetary support.
Hire-It’s important to hire the right personnel to ensure that your business runs smoothly. It is essential to hire legal counsel, assess the harm to victims and employ forensic experts.
Learn-Limit the amount of personal data collected, limit sharing with third parties and limit the amount of personal data stored.
E-Valve has been in the business for years now. We make sure that your company doesn’t have to go through things like this. We want your company to reach its highest potential and you can’t do that if you are always having issues. Let us take care of the dirty work. We are here to help you in any way we can. 646-564-3636
Get The Latest IT News Sent Directly to Your Inbox.
Sign up for industry news, information about our services, events, webinars and more.