5. Look for opportunities to control costs as you choose TECHNOLOGY INVESTMENTS.
Partners sometimes must be convinced to invest time and money in new resources, even for something as crucial as client privacy. One way to increase the likelihood of support is to identify ways to control the cost of acquiring and using security solutions, such as leveraging advanced security features within existing equipment to harden their security profile when possible. Look for a document-security platform that is expandable and can be used with a wide variety of brands of printers, copiers, and other office technology.
Ultimately though, comparing the cost of a security solution versus the effects of the monetary and reputation losses from a data breach might be the most compelling business case for investing in security.
A Data Breach Could Cost More Than $7 million
$7.35 million
Average cost of breach of private data for U.S. organizations in 2017
Root Causes of a Data Breach in 2017*
malicious or criminal attack
Source: Ponemon Institute, 2017 Cost of Data Breach Study , June 2017
*based on benchmark sample