Lost data is expensive. According to Pymts, reporting on a recent Ponemon report, the cost of a "compromised record" rose 6% from $145 to $154 last year. In isolation this isn't much, but Ponemon found that on average the total cost of an average data breach is now $3.8 million. While hackers, malware infections and even hardware failures account for some of this data loss, the biggest risk for organizations comes from within: Employees. In most cases this isn't malicious; staffs simply don't know where they're making mistakes. Here are four key questions — and answers — to help empower your employees.
How is it shared?
The biggest risk to sensitive files is improper sharing. According to Computer Weekly, six in 10 employees said they had "often or frequently accidentally forwarded files to individuals not authorized to see them." E-mail is the most likely culprit, although users also leverage public-file sharing services and social sites to quickly disseminate data and help enable collaboration.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
