The average cost of a data breach for U.S. companies is roughly $8 million, The Ponemon Institute estimates. In 2023 alone, cybercriminals will steal an estimated 33 billion records, according to Juniper Research. If the math alone doesn’t scare businesses, the distrust engendered by customers and partners impacted by unsecured data should. Finding the right partners to help secure, back-up, and stay ahead of cybercriminals should be crucial to every business.
Companies such as Cisco, Oracle and Unisys, have created the solutions needed to protect businesses and their data. This includes products that offer firewall protection, data encryption, identity and access management, mobile security and more. But cyber criminality is an ongoing threat that requires ongoing security oversight, which is why it’s crucial that brands not only build the right technology, but practice the safest measures for storing, sharing, collecting, and using data.
This isn’t just a problem for large enterprises—roughly 43% of cyber attacks target small businesses, according to Cybint Solutions, and the healthcare industry is also a prime target for nefarious actors. Unfortunately, an Ernst & Young survey of more than 1,200 CIOs from all industries and business sizes revealed several shocking statistics: 12% say they have no formal breach detection program in place, 35% describe their data protection policies as ad-hoc or non-existent, and 38% have no identity and access program. Getting serious about security has never been more urgent.
Watch these videos to hear from the world’s leading brands to find out how they maintain secure environments. Which vendors do they use, how have they stayed ahead of the threats, and which vulnerabilities do they see internally and amongst competing organizations—these are just some of the topics we’ll discuss with executives from companies including Accenture, MIT, and UBS.