Security breaches have become a weekly occurrence in the news cycle, which has caused businesses to start asking questions. How are they happening? Is my business at risk?
The short answer is yes, your business is at risk. Here’s an overview on how data breaches occur, why they’re on the rise, and what steps to take now to protect your business.
Data breaches can be broken down into three separate categories: IT and business process failures, human error and malicious attacks, according to the Ponemon Institute.
IT and business process failures accounted for 27 percent of the incidents in 2016. These kinds of breaches occur when a company purchases a security solution such as antivirus software or encryption, but doesn’t keep it updated or enforce related security policies over the years. They also occur when a company purchases a security product but never implements it.
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