Prime Factors Blog

The Average Cost of a Failed Data Security Audit

Posted by Pete Flagella on Nov 16, 2017 12:38:41 PM

If your organization is big enough to mandate a data security audit, it’s big enough to be a target for a variety of cybercriminals, hackers, identity thieves, or any other bad guys lurking around the Internet. Making sure your organization can pass a data security audit isn’t just a good idea—it’s a great way to prevent and deflect cyberattacks, saving you a great deal of time and money in averted data and public relations damage control.

Surprisingly, many organizations fail data security audits.  This can occur when the organization does not have adequate notice or is not properly prepared for an examination. On the flip side, just because an organization passes a data security audit does not necessarily mean they are completely prepared for attacks either. One thing is for sure, failing an audit is a sure sign there is a weak link inside the organization’s cybersecurity and encryption strategy.

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Topics: encryption, PCI Data Encryption, PCI Data Security Standards, PCI Compliance, PCI DSS

Encryption: The Cost, The Protection, and the ROI

Posted by Pete Flagella on Apr 27, 2017 10:00:00 AM

It's no longer only the concern of governments and corporations: encryption is both lock and key to cybersecurity across a range of organizations, of all sizes.  In 2016, the Ponemon Institute calculated the average total cost of a data breach to be $4 million. The next two years sees the chances of 10,000 lost or stolen records at the average organization sitting at 26 percent. As more businesses and private users upload and store data in digital cloud environments, encryption is a topic that can't be avoided and a responsibility that shouldn't be ignored.

To learn how encryption can lower the cost of regulatory compliance while enhancing security, download our white paper Reducing the Cost of Regulatory Compliance with Encryption 

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Topics: encryption, PCI Data Encryption, PCI Data Security Standards, encryption keys, PCI Compliance

Navigating the Shifting Sands of Data Security and Compliance

Posted by Gwen Fremonti on Apr 25, 2017 10:00:00 AM

One thing that will never change about cyber security is that there will always be change. Protecting sensitive and private information in this age of digital hackers and scammers is more important than ever. Any organization can become a target, and the tools needed to fight the invaders must keep up; industry standards will be updated and new regulations will be added, and your business has to stay on top of all of it.

To learn how encryption can lower the cost of regulatory compliance while enhancing security, download our white paper Reducing the Cost of Regulatory Compliance with Encryption 

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Topics: encryption, PCI Data Encryption, PCI Data Security Standards, encryption keys, PCI Compliance