What These 4 Data Breaches Can Tell Us About Security | All Business

Nobody is perfect. Everyone makes mistakes, and anyone can fail — especially in the business world.

IBM’s “2015 Cost of Data Breach Study” shows that the average total cost of a data breach is $3.8 million, representing a 23 percent increase since 2013. The cost for each lost or stolen record increased 6 percent, from a consolidated average of $145 to $154.

Several companies also have been sued for their negligence in preventing these attacks. Data breaches are huge failures, but taking a look at these four big ones can teach us a thing or two about how to better secure our data.

Read More.

Small Businesses Don’t Get Full Value of Security Solutions | Business News Daily

Technology and software are among the most important investments a company can make nowadays, especially when it comes to security. The growing demand for IT services and security solutions prove that business owners know the threats that are out there, and want to do something to guard themselves against increasingly cunning cybercriminals.

You might have purchased a well-rounded security solution with all the recommended features a business might need, but was the investment really worth it? A forthcoming report from security solutions provider Trustwave found that organizations of all sizes are wasting their security dollars, and none more so than small businesses.

Read More.