April 17, 2024

One of many key areas that has acquired numerous consideration over the previous couple of years inside organizations is knowledge safety. And it’s straightforward to see why whenever you have a look at the statistics. Information fraud is likely one of the greatest threats to organizations in addition to people globally.

In truth, billions of {dollars} are misplaced annually because of knowledge fraud and buyer knowledge breaches. The numbers are startling. In 2020, 47% of Individuals skilled monetary identification theft, with roughly $712.4 billion being stolen, a major enhance from 2019. Whereas firms try to maintain one step forward of hackers, the fact is that knowledge fraud evolves extremely rapidly.

Supply: Greatest Practices in Managing Buyer Information in a SaaS Enterprise