Did you know January 28 is Data Privacy Day? If so, you’re an information security rock star! If not, no worries — we’ve got you covered with some quick tips to bring you up to cyber speed.
We’re no stranger to exploring information security — from awareness and compliance to prevention, we’re constantly adapting to an evolving cyber landscape. Here are some ways your business can make data protection a priority, too:
- Know the impact
As evidenced in the wake of recent data breaches, people aren’t happy when their personal data is exposed in cyber attacks. But did you know that 76% of consumers say they’d abandon a company that experiences multiple breaches?
- Make compliance cultural
Studies have proven that having a dedicated incident response team in the occasion of a breach can significantly lower the financial impact on an organization. But take it one step further! Share your organization’s prioritization of data privacy with all of your employees — because the more they care, the more likely they are to take care.
- Do the math
If you’re not sure how your organization stacks up against cyber threats, try plugging some information into this Cost of a Data Breach calculator, provided by IBM and Ponemon Institute.
The calculator takes your organization’s location, industry and security measures into account to a deliver an estimated impact to your bottom line in the event of a threat. Take special note of how some factors, like participation in threat sharing and employee training, can actually lower your estimated costs.