The Real Cost of Data Breach (Infographic)

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The Real Cost of Data Breach (Infographic)

Each year, thousands of companies including the field service industry suffers data security breach that sees the immeasurable amount of private information stolen by attackers. According to the 2016 Cost of Data Breach Study: Global Analysis of IBM and Ponemon Institute, there’s a 26% chance that a breach in a confidential record. Be it like credit card numbers, customer data, trade secrets, or matters of national security might happen in the next 24 months.

Defined as an event in which an individual’s name plus a confidential information is potentially put at risk—either in electronic or paper format, Data Breach does not only pose damage to your company’s finances but to your company’s reputation, and consumer’s trust as well. Take a look at the infographic below and see the reality of data breach- and how bad company might get into when it falls into this kind of trouble.

data breach

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David Younger

CEO and Managing Director at The Service Manager
David Younger is Australia’s #1 Cash Flow Expert For The Field Service Industry. Over 25 years working with hundreds of field service business owners in virtually every industry, David has discovered the ultimate path to plugging up the “profit holes” in a growing business that will take it to the next level.
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