Reducing the Risk of Severe Data Breaches
The global frequency of cyber-attacks on businesses has increased by 50% per year, with organizations experiencing 925 instances weekly, according to a Check Point study. Data breaches often result in significant financial loss, data loss, and legal ramifications. Organizations can mitigate risks by introducing security policies, investing in cyber-insurance, limiting data collection, performing regular security vulnerability assessments, using AI and ML for anomaly detection, and training employees in data protection.