Information security awareness is not optional for businesses, especially those working with sensitive customer data.
A data breach costs an average of $4.45 million, according to IBM's Cost of a Data Breach 2023 report. In 2023, there were 2,365 cyberattacks with 343,338,964 victims , and that meant a 72% increase in data breaches since 2021.
People share information to receive a better experience. In return, they expect you to keep their data safe and manage information security.
Summary
Ensuring information security and cybersecurity means taking a series of measures to protect all data generated, received, analyzed, processed and stored in a company.information.
Information security awareness is australian whatsapp number essential to avoid compromising your customers' data, losing money, legal claims and damaging your reputation.
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What is information security and cybersecurity?
Information security is defined as a set of measures and procedures that are applied to protect the confidentiality of data, for example, in a company or organization — information about the company itself, its employees, partners, suppliers, customers, etc.
Awareness in this regard prevents unauthorized persons from accessing data and causing theft or fraud.
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What happens when there is no information security management?
You lose confidential data and expose sensitive information about your customers and your own company—financial data, personal customer data, and intellectual property.
You are prone to breaches of employee and customer privacy. This undermines trust in your organization and can result in regulatory sanctions.
You damage your reputation and lose the trust of your customers and business partners.
You lose money , as security breaches incur significant costs due to business interruption, data recovery costs, and fines for non-compliance with regulations.