The Cost of a Breach

The Cost of a Breach

As our businesses grow we are increasingly relying on collecting customer data and storing it for future use. Even if you aren’t planning on it, more data is collected today at the register than ever before. Storing more data can cause more problems such as making us look tastier to hackers across the globe. Data breaches are more commonplace and harder to spot than we think. According to IBM’s 2015 Global Study, the total increase in data breaches across the companies participating in a survey has risen to around 23% and that’s just the companies that chose to participate! Our data is extremely important to us and we unwillingly give it away on a day to day basis. Growing companies sometimes get away from the fact that software will sometimes require complete refactoring when technology gets old. The cost of updating and redesigning software can be expensive but with the cost…

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