Less data, more security
Barely a week goes by these days without news of laptops stolen or lost, and loaded with data that can expose employees, consumers or patients to identity theft. For companies involved, data breaches harm more than a corporate image. They impact the bottom line.
According to research from the Ponemon Institute, a research firm focusing on privacy and data protection practices, data breaches cost companies $182 per record lost. The Privacy Rights Clearinghouse counts more than 100 million records lost to data breaches since February 2005. An FBI survey pegged losses due to data breaches at $67.2 billion in 2006.
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