Have you ever wondered what happens to your data once a thief gets their hands on it? Bitglass, a cloud security company conducted an experiment to find out just what happens when data has been stolen. And the answer may surprise you.
Over the weekend Bell announced that more than 22,000 SMB customers’ user data was compromised and posted online. So what was the source of the breach? A third-party supplier.
One of the key examples I use when talking about the importance of data encryption is the value of the data that could potentially be exposed. Is a $900 laptop worth the $1 million or more of liability potential if it’s unencrypted and lost or stolen? It turns out I was wrong – the average settlement is much higher, and that’s a good thing.