Over the last five years, headline-grabbing incidents have demonstrated the potential implications of a data breach – from damaged business reputation, to loss of revenue and even company devaluation. According to the 2018 Cost of a Data Breach survey conducted by the Ponemon Institute, the typical data breach now costs a company $3.86M, up 6.4% from 2017.
As the financial impact of data breaches increases, so do the opportunities for employees to leak sensitive data – either accidentally or maliciously. IDC estimates a 300% increase in unstructured data (emails and files) by 2020, as organizations adopt new digitized working practices.2 As a result, employees are sharing more information digitally, including emails and multimedia content such as audio and video files – creating more opportunities for data breaches to occur.
To read more on the Whitepaper Commissioned by Egress and conducted by independent research company Opinion Matters, fill in the form below.
The largest data protection, privacy and security event of 2020, now available on-demand!
Featuring four whole days of keynote sessions, panel debates, and an opportunity to network and chew over all things data-related through discussions in public boards and virtual booths, PrivSec Global is now available to watch on-demand.
You can access the content from all four days, by registering for access to our PrivSec Global platform below.
We have been awarded the number 1 GDPR Blog in 2019 by Feedspot.