Data Security Importance for Business

Nowadays data is an essential part of any kind of business. Some data such as personal information of employees or clients should be kept safe. 🤖 Stephane Nappo one of the most influential data security specialist once told that “It takes 20 years to build a reputation and few minutes of cyber incident to ruin it”. Here you can read about the biggest data leaks in history.

The main worst outcomes if a company do not keep their data safe:

1. Revenue loss.📉 If data was leaked company may suffer from increased IT and even legal costs. According to some studies a person’s records leaked could result in up to 429 USD of expenses for the company.

2. Loss of intellectual property.🗃️ If company data is leaked it may include inside information about their sales strategy, prices, logarithms to evaluate client and other company information.

3. Damage to Brand Reputation. 💔 Would you like to register on any king of a site when you know that their data was recently leaked? Majority of people would not like to register to this kind of site.

Each and every company should not spare money on keeping their data safe because it could result in many losses for the business and it’s reputation.🧐