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Compliance .Laggards Face Most Financial Risk from Data Loss, Report Shows

Financial risk for losing data is absolutely huge, compared to the amount of money being spent on compliance and data protection. Financial and accounting service industry sees more .compliance laggards The banking industry matches the entire population, but they dont do any better or any worse than the rest of the industries in the survey. The companies that are doing well in compliance efforts are suffering far fewer data loss events and base business disruptions. Those firms with the best IT compliance report the fewest data losses.”]

Source: https://www.bankinfosecurity.com/compliance-alaggardsa-face-most-financial-risk-from-data-loss-report-shows-a-507

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