When hackers penetrate your public and private networks, it can lead to devastating consequences. A data breach can not only destroy a company's electronic data, it can also bankrupt a business.
The average data breach costs $4 million, according to a 2016 study from IBM. The study also reports that the average cost incurred for each lost or stolen record containing sensitive and confidential information increased from $154 to $158 over the past year.
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