By 2020, there will be 40x more bytes of data than there are stars in the universe as we know it. And with data growth comes more security and privacy obstacles for organizations and business leaders to overcome. Unfortunately, there isn’t any room for error – with the average cost of a data breach at almost $4 million and the potentially irreparable brand damage that comes with mishandling user data and privacy. How can organizations stay ahead of the curve to avoid the worst-case scenarios?
Measure time and effort
It’s no secret that security takes time and effort. And in an organization that is encountering security and privacy challenges for the first time, it may even take a change of culture. Culture changes don’t happen overnight, no matter how much the CISO wishes for it.
It’s essential to ‘measure’ out how much time and effort it will take to implement defenses against new threats, integrate new technologies, or refine privacy policies – to stay ahead of the curve and put the whole organization on the same execution timeline. The facts are that spending time, effort, and even money on ensuring data security and privacy will likely always outweigh the cost of a data breach or the bad PR that comes along with a serious data incident.
Setting aside time and effort to keep up to speed with the changing threat and policy landscape is a critical first step towards a robust cybersecu ..