According to research by the Ponemon Institute, the average cost of a data breach in 2015 reached more than $3.8 million, or between $145 and $154 per record compromised. That is a 23 percent increase over 2013. This upward trend reflects a clear need for more effective security controls, both in terms of information storage and at the level of an organization’s polices and procedures. While every business faces different threats, there are several steps every entity can take to be more secure.

1.Start From the Ground Up Even the most sophisticated system is only as safe as its users. Whether it is an employee clicking on the wrong link or an unsecured device in a BYOD environment, human error is a factor in almost every data breach. The authors of the Experian 2015 Data Breach Industry Forecast note that “employees and negligence are the leading cause of security incidents but remain the least reported issue.” To build safer networks, start with your staff. Cisco Systems found that 43% of IT professionals felt not enough was done to educate employees about security risks. To address this, make sure employees have the resources they need to work safely and securely. You can consider holding mandatory refresher courses on basics, such as password safety, appointing a dedicated liaison between staff and security personnel and establishing clear policies for responding to incidents when they happen.

Register or login for access to this item and much more

All Information Management content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access