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How much could a data breach cost you?

Personal online security is an increasing worry for many people. Because the conversation is at the forefront of our minds, it is an issue all companies must address. The average cost of a data breach is getting more expensive each year. This is partly down to the tighter regulations and higher fines, and partly down to an increase in consumer awareness that damages your company’s reputation. From a company perspective, there are also all the additional costs associated with detecting where the breach happened, informing the authorities, thoroughly investigating the breach, and associated legal services. Companies are now also collecting much higher volumes of data. This can be invaluable for some purposes, as was highlighted with the Cambridge Analytica/Facebook scandal. Reduce your data vulnerabilities Whether you’re a company or an individual; no matter the security we have in place, there will come a time when people with bad intentions find…

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