A recent study by the Ponemon report stated that 63% of firms admitted that they cant stop data breaches. The lure of quickly increasing revenue can cause companies to overlook security gaps. Identity and access management (IAM) found in legacy solutions need to address the needs of modern enterprises. With IRM, companies can go above and beyond what their competitors are offering in terms of the user experience without having to choose between better serving the consumer and security. Without IAM, data breaches can and will happen, and consumers will find another love the competition.”]
Source: https://informationsecuritybuzz.com/articles/understanding-risk-reward-building-relationships/