Strong data security is not optional

According to the Ponemon Institute’s 10th annual Cost of Data Breach Study, the average consolidated total cost of a data breach is now $6.53 million for a U.S. organization, an 11% increase since last year. The study also found that the average cost per lost or stolen record containing sensitive and confidential information rose from $201 in 2014 to $217. These facts alone should encourage every company to tighten its data security policies and capabilities, but there’s more. Key l