4 PROVEN WAYS TO MITIGATE THE COSTS OF A DATA BREACH
No business wants to suffer a data breach. But unfortunately, in today’s environment, it’s difficult to completely avoid them.
Approximately 83% of organizations have experienced more than one data breach. The global average cost of a data breach is now $4.35 million, up 2.6% from last year.
Companies don’t need to resign themselves to the impending doom of a breach. There are some proven tactics they can take to mitigate the costs.
Cybersecurity Tactics to Reduce the Impact of a Breach
1. Use a Hybrid Cloud Approach
Breaches in both the public cloud and private cloud cost more than those in organizations using a hybrid cloud approach.
2. Put in Place an Incident Response Plan & Practice It
Having a practiced incident response plan reduces the cost of a data breach. It lowers it by an average of $2.66 million per incident.
3. Adopt a Zero Trust Security Approach
Organizations that don’t deploy zero trust tactics pay about $1 million more per data breach.
4. Use Tools with Security AI & Automation
Data breach expenses lower by 65.2% thanks to security A.I. and automation solutions. These types of solutions include tools like Advanced Threat Protection (ATP).
Need Help Improving Your Security & Reducing Risk? Working with a trusted IT partner takes a lot of the security burden off your shoulders. Give us a call today to schedule a chat about your Cybersecurity Roadmap.