The larger that circle is, the more unwieldy and difficult security becomes. The way they provide data-centric security is by reducing the “circle of trust.” The number of people, servers, and devices that traditionally have access to sensitive data is large. Instead of adding external encryption programs and security options to exiting cloud and storage platforms, the Crypteron solution builds the security directly into the data storage apps. So what can be done about it? Data-Centric SecurityĬrypteron offers a security platform, which focuses on securing the data itself. But with employees unwisely clicking suspicious attachments and 68 percent of companies in a recent survey failing to use any sort of email encryption, the problem seems almost insurmountable. The average cost of a data breach in 2014 was 3.5 million, and that number gets bigger every month. That is a significant amount of lost time.Ĭommunity Health Systems reported that their breach may have cost the company as much as 150 million dollars. It took Michaels, a popular craft store chain, 11 months to discover their data breach. The fastest response time was three months, as this infographic shows. What’s worse is the time it takes these companies to figure out something’s wrong. On top of the 76 million people affected by the Chase breach, seven million small businesses also had information stolen. E-Bay lost 145 million people’s information. E-Bay, Chase, the Home Depot, Community Health Systems, and Michaels suffered the most devastating breaches, but they certainly weren’t the only companies to have secure data stolen. The biggest data breaches of 2014 tell a frightening story (see the infographic below). The threat of identity theft looms closer with every instance of breached security. Consumers, whose personal information is on the line, are affected significantly. Data breaches don’t just put companies at risk. The current focus is on health systems because they provide such a wealth of information but any company, which collects customer data, is vulnerable. Scores of data breaches happen every year. The news can’t focus on every data breach anymore, because there are so many of them. This article was written by Top Ten Reviews
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