According to the
2013 Cost of Data Breach Study issued by the Ponemon Institute, in 2012
businesses in the United States experienced an average total data breach cost
of $5.4 million. The report noted that statistic was the highest average total
data breach cost among all countries surveyed by the institute. Contrastingly,
German organizations took second place, reporting the second highest average
costly data breach at $4.8 million.
In regard to average
per capita costs of breached data, the institute’s report is also enlightening.
In this area, organizations in the United States were reportedly the second
most affected, as they reported an average per capita data breach cost of $188.
Comparing these
numbers and the fallouts from widely reported, costly data breaches associated
with organizations such as Target illustrates the growing importance of
cybersecurity. And that growing significance is not bound to a few sectors,
either. Privacy regulations such as HIPAA compliance obligations in healthcare,
the privileges of trust and confidentiality in the attorney-client relationship
in legal services, and an imperative for high-quality protection of issues of
national security and other security-critical issues in the public sector are
just a few illustrations of cybersecurity’s pertinence.
Emerging information
security leader Ecrypt Technologies is meeting this demand for data security
through its proprietary security solution Ecrypt One, a military-strength email
and encryption server that comprehensively and decisively safeguards the
exchange, storage, and audit of organizations’ emails and attachments. While it
raises standards for email security, the system is also optimized for easy
operation and user functionality, making communications and coordination between
system administrators, compliance officers, and end-users easy and efficient.
In its marketing of
Ecrypt One, Ecrypt Technologies is working to meet the security needs of
companies, organizations, and agencies across five industries: healthcare, financial
services, military and government agencies, legal services, and law
enforcement. With this game-changing technology at hand, stakeholders of all
sizes and mission focuses across these sectors will be freed from having to
adopt separate encryption systems for their administrative needs. These
stakeholders will also be alleviated of concerns stemming from their
confidentiality requirements, data security demands, government regulations
compliance, and any unexpected legal challenges.
For more information
visit www.ecryptinc.com
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