How organizations can derive value from security investments and enable business growth
Briefly

from ITPro5 months ago
When business leaders consider cybersecurity, they often see costs, but viewing it as an investment allows them to recognize how it adds value and drives growth.
ITProhttps://www.itpro.com/security/how-organizations-can-derive-value-from-security-investments-and-enable-business-growth
IBM's 2024 Cost of Data Breach report highlights that the global average cost of a data breach reached $4.88 million, underscoring the financial risks companies face without robust defenses.
ITProhttps://www.itpro.com/security/how-organizations-can-derive-value-from-security-investments-and-enable-business-growth
Investing in cybersecurity not only mitigates the risk of breaches but also prevents potential losses tied to business interruption and legal penalties stemming from inadequate security measures.
ITProhttps://www.itpro.com/security/how-organizations-can-derive-value-from-security-investments-and-enable-business-growth
Trustworthiness in business is multifaceted; strong cybersecurity measures enhance a company's reputation, fostering customer loyalty and long-term success.
ITProhttps://www.itpro.com/security/how-organizations-can-derive-value-from-security-investments-and-enable-business-growth
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#cybersecurity #investment #business-growth #data-breach #reputation-management
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