In 2014 the cost of breach increased by 15%, in 2015 by 23%, which means we can expect it to increase in 2016; also, let’s not forget Gartner’s expectations of 5.5 million new devices being connected to the Internet of Things (IoT) every day by 2016. It’s safe to say that security executives have a lot on their plate. Some helpful tips on what to do and what to avoid doing is a good place to start to manage risks effectively and keep security posture up to par.
There’s a great deal of talk when it comes to breach. Whether breach occurs due to human error or network vulnerabilities it is costly for organizations. Businesses get hurt financially and lose trust. So, how can you reduce breach costs?