The well-known saying of 'an ounce of prevention is worth a pound of cure' might be cliché but practical when it comes to your device security. This translates to $1.5 million worth of lost revenue and customers. A data breach’s most significant pain point is lost business, which accounts for 40 percent of the average cost of a data breach. The United States has the highest average cost per data breach, pegged at $9.05 million. In a report released by IBM and the Ponemon Institute, 524 companies experienced data breaches in 2021 across 17 countries. Devices can easily be misplaced or stolen at home, on the streets, at work, or riding public transportation However, this sense of mobility also compromises security. Laptops and mobile devices allow people to work practically anywhere they want. ![]()
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