Life over the past year has been very different for all of us. Overall, we can consider ourselves fortunate as we trudge forward into an uncertain future. One thing we all can agree on is that the last thing we want is cybersecurity or privacy breaches, atop what has already been a tough time.

According to the Hiscox Cyber Readiness Report 2020, the unfortunate truth is that the median cost of all cyber incidents in the USA, rose from $10,000 in 2019 to $50,000 in 2020. This trend will likely accelerate in terms of incidents and average cost into 2021.

What has become evident to many organizations along the digitization journey is that data and systems matter, contingency plans and back-ups all give a level of redundancy needed in today’s uncertain world. 

Data security has become a significant risk for many organizations. Many security teams are also tasked with privacy in the world of shrinking budgets. Like they have the resources just waiting for such a daunting task. 

What is your organization doing to protect the data and privacy of your customers?
Do you have a well defined policy, plan and artifacts to support your board's risk tolerance?

If the above resonates with your current situation, consider a third party service such as our ZPaaS offering. Better to be pound-wise and penny-foolish. Investments in privacy protection yield reduced risk and fines.