The world has changed so much as a result of the COVID-19 pandemic. Offices are now in kitchens and data security looks entirely different than just a few months ago. It has never been more important to revisit how firms are managing and protecting their data infrastructure. This interesting topic came to us from Financial Advisor in their article, “Is Your Data Management Infrastructure Up To Par?”
The current techniques and tools in use were built to address information security vulnerabilities known at the time of design and implementation and likely in a physical office setting whether laptops remained within fire walls and brick walls.
Data security compliance has just received their wake-up call. The sobering statistics show that the average cost of a data breach is $3.92 million as of 2019, with 43% of breach victims being small businesses. Compliance is no longer a routine task completed to make the lawyers happy. It is an ongoing battle that requires attention.
Melody K. Smith
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