Sunday’s Business Post referenced a recent PWC report highlighting the exposure of many Firms to security breaches and the possibility of sensitive company data or files falling into the wrong hands and possibly compromising the company.
It highlighted the risk of insider fraud, and employees taking data out of a company and that in these difficult times companies “often make the mistake of cutting spending on IT and data security once budgets were squeezed, without thinking of the costs of weak data security.”
The research undertaken by PwC has shown that data breaches can cost anything from €10,000 for small firms and run into millions for larger companies. Some of the costs arise out of the immediate fallout, and resulting revenue loss, the cost of insurance payouts, and ultimately higher insurance premiums, never mind the long term impact and loss of goodwill and reputational damage.
The PwC report focuses on data monitoring, and ensuring that companies know where their important information and data is kept, and who has access to that data.
C Infinity carries out security audits for clients, and provides some of the solutions which can assist in protecting sensitive data.
We have a solution which allows for remote data deletion to prevent embarrassing data losses in the event of a laptop being stolen, and tools for recovering that data to avoid costs of data loss.
For more information please call us on 01 6755136
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