Cyber Hygiene
Security Risks From Employees Working From Home
Audits Don't Solve Security Problems
Is 'Discover, Classify, Protect' Wrong In Cybersecurity Today?
Breadth Vs. Depth: Cybersecurity Industry Has Been Focusing On The Wrong Thing
Third Party Vendors
The Rise Of DASB, Sunset Your DLP
How to Prevent Source Code Modification & Leaks
End Source Code Theft
Why Isn't DLP Preventing Data Breaches and Data Leakage?
SecureCircle Data Access Security Broker (DASB) Selected By Quanta Storage To Eliminate Insider Threats
Organizations Should Bulk Up Cybersecurity In Case Of Iranian Cyber Attack
The Evolution of Data Protection
Ransomware stealing data before encrypting
Insider Threats Infographic
Who collected 4 billion records on 1.2 billion users?
Cisco Systems - Target of Malicious Insiders
New Yorks SHIELD Act
Insider Threat at Lion Air (Update)
How to Prevent the Lion Air Databreach
CIO IT Taiwan | SecureCircle 控管檔案讀取 權不怕合作生變造成洩密
How to Prevent the Mastercard Data Breach
Capital One Hacker Breached 30 Companies Through a Single Cloud Provider
Government Organizations Are Not Ready for Cyberattacks
How to Prevent the Boeing Data Leak
End Insider Threats Without Impacting Users Or Business Workflow
Singapore Overhauling Data Protection Practices
SecureCircle available on Taiwan Government CloudMarketplace
SecureCircle placed on UK Government Framework Catalogue
The New Federal Data Strategy
SecureCircle announces United Kingdom and EMEA Distributor, Care21
Quest Diagnostics and LabCorp in Trouble
Insider Threat in the Air Force
Disruptor Daily | What trends are shaping cybersecurity in 2019?
Disruptor Daily | What is the future of cybersecurity? Experts share their insights
How to Combat the Business Email Compromise Scam
How to Prevent Government Data Breaches
Availability Bias in Cybersecurity
How to Minimize Your Exposure to Employee Mistakes
A Look Inside Toyotas Second Data Breach
Four Keys to Data-Centric Data Protection
Asymmetric Information Causes Data Breaches
SecureCircle Introduces Send Secure for Agentless Protected Data Sharing
The Financial Consequences of a Data Breach
Insider Threats Can Happen to Anyone
Federal Data Privacy Laws Are Coming
Forget Collection 1: Here comes Collections 2-5
Forbes | 10 Industries On The Cusp Of Technological Disruption
Collection 1: Not a Big Deal?
It All Adds Up: Better Cybersecurity is a Necessity in 2019
Why New Year Resolutions Fail
9 Costly Security Mistakes
Security InfoWatch | The Last Mile Security at the Edge
2019 Security Predictions(Infographic)
Security Today | Rethinking Access Control
We love what we do - 2018 Review (Infographic)
Holiday Hacks Are Not Going Away
Solving Multi-Cloud Security
A better solution than web bugs for internal visibility
Why File Encryption is not enough - A Customer Conversation
Security, Visibility, and Control
SecureCircle Introduces Enhanced Cybersecurity Offering for Cloud-First Enterprises
Healthcare Needs a Change
What is old is new: Cold Boot Attacks
Inside Information - Data that should NEVER leave the organization
CTimes | SecureCircle and Netbridge Distribution Partnership (Chinese)
SecureCircle Announces Asia Pacific Distributor, NetBridge Technologies
Insider Threats
CSO | The hidden security problem we all need to know about
Opt-Out is more than blocking SPAM
What is Opt-Out Data Centric Protection? And why is it so important
Digital Hygiene in a GDPR World
Security Info Watch | Enterprises Beware: Cybersecurity Challenges in the Cloud
GDPR Readiness (Infographic)
The Lost Laptop
Strategic Finance | Security in a World of Zero Trust
Reading Between the Lines - The Real Impact of Insider Threat (Infographic)
Protecting Internal Data
Press & News Embargos
CSO | GDPR: Where are we now?
SecureCircle @ CIAB FEBRABAN, Sao Paulo Brazil - The Recap
California Consumer Privacy (The next generation of GDPR)
I am safe. My data is encrypted. Right?
University of Texas MD Anderson Cancer Center ordered to pay $4.3 million in HIPAA violations
Is my Air Gapped Computer Safe?
The Broken 80/20 Rule
SecureCircle and Fiandeira Tecnologia Showcase Unstructured Data Solution at CIAB FEBRABAN
SecureCircle will be exhibiting at CIAB Sao Paulo Brazil June 2018
Throw Tech Away - The Rise of a New Generation of Data Security
GDPR Compliance Tips: The Top Experts Speak
Are you ready for a password-less world?
CSO | The Impact of Human Behavior on Security
Account compromised? What about your file content?
Age old discussion: Convenience versus Security
SDxCentral | Four Security Myths You Need to Shake
Security Today | Digital Security in a Zero Trust World
MegaMinds AIthority Interview with Jeff Capone
2018 Govies Awards
Data Protection needs to be agnostic like Switzerland

It All Adds Up: Better Cybersecurity is a Necessity in 2019

Written by 
January 23, 2019
March 31, 2020

The likelihood of a data breach for an organization last year was 44%.

That coupled with an average cost of $3.86 million globally, leads to some very scary numbers. These numbers are likely outdated as they tend to rise every year. The incentives to breach companies are growing at a rate faster than we can keep up with. Even if you aren’t breached this year, what happens next year? There are a limitless number of threats in today’s business environment that are actively trying to gain access to your data. Some do it for financial reasons, some do it for pride, but no matter the reason, your data is definitely at risk to some degree. In order to mitigate that risk, your company probably has some security measures in place. Chances are, your company is probably safe. There are thousands of other companies out there that can be attacked, and it most likely won’t be you. Even if you do get attacked, your security software is still there to do its job. However with new threats continually evolving, are you sure that your security solution is enough to protect your data? Is that a risk you’re willing to take? We’ve actually figured it out for you. Let’s do some math.

If you’re familiar with finding expected values, you can skip this paragraph. One method for decision making is finding the expected value of each potential outcome and picking the best path. The best way to explain expected value is with an easy example. Say you are betting that if you flip a coin, it will land on heads. If it does indeed land on heads, you win $8. But, if it lands on tails then you win nothing. The way to find the expected value of this bet is to multiply the probability of heads with the dollar amount tied to it, then adding the probability of tails multiplied by the dollar amount tied to that. The math comes out as follows: ($8 * .5)+ ($0 * .5)= $4. Therefore the expected value of this bet would be $4. This is a very useful decision making strategy that can be applied to any number of scenarios, including cybersecurity.

For our scenario, let’s make a few assumptions. There are two security solutions in the market. One works 90% of the time (there is a 10% chance that if you’re breached it won’t do its job), and one works 100% of the time. Both cost the same amount of $500,000 per year. And finally, in the given year you are either breached or not breached.

Here are the possible outcomes for your business this year:

You have to get a solution that actually protects your company’s data. Numbers don’t lie. Often times the best solutions are not the most established within the industry and therefore aren’t able to accomplish their goal of protecting company’s data. The status quo is leading companies to leave their data at risk of attack every day. Make the switch now and save your business money and a headache.

SecureCircle protects your data regardless of location including on-premise file servers, edge devices like phones and laptops, as well as public and private cloud storage. Over the past year, we’ve heard overwhelmingly positive feedback from compliance officers and auditors because as a byproduct of data protection that works everywhere, SecureCircle is also able to track files at all times. Protection and visibility for your company’s sensitive data. Visit our website to learn more about what we do.

Prevent Data Breaches

Let’s discuss your unique cybersecurity challenges and needs.

Contact Us

If you want to notified when we post the newest content about mitigating insider threats, data breaches, protecting source code, and DASB, please subscribe to our SecureCircle newsletter.