Data breaches have become one of the biggest risks any business faces in the current era. These incidents aren’t only costly to recover from financially, but they can have a huge impact on a firm's reputation, and can take months or even years to fully recover from.
According to IBM, the average expenses related to an incident reached $4.24 million in 2021 - the highest figure ever recorded in the 17-year history of its report. It cited increased remote working as a key factor in this, while also noting that compromised user credentials are the most common attack vector for these breaches.
With people increasingly looking to access data remotely, it's more important than ever for mission-critical data and personally identifiable information to be kept safe at all times. However, this is no simple task. Data has different security needs depending on where it is and how it's being used, so you need a range of solutions to keep it safe throughout the business.