Seven Data and Information Security Mistakes Even Smart Companies Make

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Next Seven Data and Information Security Mistakes Even Smart Companies Make-8 Next

Not Disclosing Data Breaches

Transparency at the first sign of a breach is critical for companies to win back customers and rebuild their trust, according to Giovanni DeMeo, vice president of global marketing and analytics at Interactions. Companies must communicate early – and often – about data breaches and what's being done to remedy them.

These are just seven of the data security mistakes that smart companies make. You'd be wise to check out the 23 additional data security tips offered by experts on the Digital Guardian blog.

Even smart companies can make data and information security mistakes. Over the past few years, the mistake-prone have included the largest banks, entertainment companies and health care providers. Even law firms are now vulnerable. And it's not always lack of resources that leads to vulnerability, although for some that's an issue - it's often about common traps that are easily avoidable.

In 2014, the average cost of a data breach to a company was $3.5 million, according to the Ponemon Institute. And some put the costs of Sony's well-publicized breach in excess of $35 million. The impacts are not trivial, but companies can take steps now to reduce their exposure. In this slideshow, Digital Guardian has identified seven mistakes that even smart companies make, according to some top data security experts, and what you can learn from them.

 

Related Topics : Unisys, Stimulus Package, Security Breaches, Symantec, Electronic Surveillance

 
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