Monday, January 25, 2021
Corporate Compliance Insights
  • Home
  • About
    • About CCI
    • Writing for CCI
    • NEW: CCI Press – Book Publishing
    • Advertise With Us
  • Articles
    • See All Articles
    • NEW: COVID-Related
    • Compliance
    • Ethics
    • Risk
    • FCPA
    • Governance
    • Fraud
    • Internal Audit
    • HR Compliance
    • Cybersecurity
    • Data Privacy
    • Financial Services
    • Leadership and Career
  • Vendor News
  • Jobs
  • Events
    • Webinars & Events
    • Submit an Event
  • Downloads
    • eBooks
    • Whitepapers
  • Podcasts
  • Videos
  • Subscribe
No Result
View All Result
  • Home
  • About
    • About CCI
    • Writing for CCI
    • NEW: CCI Press – Book Publishing
    • Advertise With Us
  • Articles
    • See All Articles
    • NEW: COVID-Related
    • Compliance
    • Ethics
    • Risk
    • FCPA
    • Governance
    • Fraud
    • Internal Audit
    • HR Compliance
    • Cybersecurity
    • Data Privacy
    • Financial Services
    • Leadership and Career
  • Vendor News
  • Jobs
  • Events
    • Webinars & Events
    • Submit an Event
  • Downloads
    • eBooks
    • Whitepapers
  • Podcasts
  • Videos
  • Subscribe
No Result
View All Result
Corporate Compliance Insights
Home GRC Vendor News

Protecting Your Information in the Digital Age: Is Your Business Prepared?

by Corporate Compliance Insights
December 4, 2014
in GRC Vendor News
Protecting Your Information in the Digital Age: Is Your Business Prepared?

Internet Privacy in the Digital Age

As Internet usage continues to grow all across the world, security risks have become a reality for businesses. Irrespective of the size and type of your business, you cannot ignore the possibility of Internet security risks. Online security risks pose a major threat to businesses, as evidenced by the following recent events:

  • In October 2013, 3 million encrypted customer credit card records were stolen
  • In November 2013, 110 million customers had their name, address, phone number and e-mail address exposed
  • In March 2014, 27,000 employees at the University of Pittsburgh Medical Center were affected by a data breach

Serious repercussions caused by security threats have led to IT security executives spelling out their fears. In the event of a data breach, IT security executives have expressed the following concerns:

  • 62.7 percent of IT security executives fear negative publicity affecting the company’s reputation
  • 9.8 percent fear a loss of sales or business

Online security threats pose a bigger threat for the small and mid-sized businesses as reflected in the following findings:

  • 50 percent of confirmed data breaches targeted small businesses with fewer than 1,000 employees
  • 31 percent of cyber attacks targeted small businesses with fewer than 250 employees
  • 193 incidents targeted small businesses with fewer than 100 employees
  • 60 percent of small businesses fail within six months of a cyber attack
  • 60 percent of small businesses say they do not have a privacy policy that employees must comply with when they handle customer or employee information

To learn how to protect your valuable information in the digital age, take a look at the detailed infographic below by Champlain College Online Master of Science in Law.

champlain PR infographic


Previous Post

Anti-Corruption Developments in Azerbaijan: A Look at SOCAR

Next Post

KnowBe4 Issues Alert: Social Engineering Threats Soaring

Corporate Compliance Insights

Related Posts

yellow job search box speech bubble

Fortune 500 Job Descriptions Are Still Biased Toward Men

January 12, 2021
cash

Banks Worldwide Amass $15B in Fines in 2020, U.S. Banks Account for 73%

January 11, 2021
cyber attack malware encrypted files and lock on cloud

Telos Announces Latest Version of its Next-Generation Cyber Risk Management Platform

January 7, 2021
Hologram of whatsapp logo over smartphone

Shield and TeleMessage to Deliver Direct Capture of Mobile and WhatsApp Communications

January 5, 2021
Next Post
KnowBe4 Issues Alert: Social Engineering Threats Soaring

KnowBe4 Issues Alert: Social Engineering Threats Soaring

Access realtime data
Dynamic Risk Assessments with Workiva

Special Coverage

Special COVID page graphic

Jump to a Topic:

anti-corruption anti-money laundering/AML Artificial Intelligence/A.I. automation banks board of directors board risk oversight bribery CCPA/California Consumer Privacy Act Cloud Compliance communications management Coronavirus/COVID-19 corporate culture crisis management cyber crime cyber risk data analytics data breach data governance decision-making diversity DOJ due diligence fcpa enforcement actions financial crime GDPR GRC HIPAA information security internal audit KYC/know your customer machine learning monitoring ransomware regtech reputation risk risk assessment Sanctions SEC social media risk technology third party risk management tone at the top training whistleblowing
No Result
View All Result

Privacy Policy

Follow Us

  • Facebook
  • Twitter
  • LinkedIn
  • RSS Feed

Category

  • CCI Press
  • Compliance
  • Compliance Podcasts
  • Cybersecurity
  • Data Privacy
  • eBooks
  • Ethics
  • FCPA
  • Featured
  • Financial Services
  • Fraud
  • Governance
  • GRC Vendor News
  • HR Compliance
  • Internal Audit
  • Leadership and Career
  • Opinion
  • Resource Library
  • Risk
  • Uncategorized
  • Videos
  • Webinars
  • Whitepapers

© 2019 Corporate Compliance Insights

No Result
View All Result
  • Home
  • About
  • Articles
  • Vendor News
  • Podcasts
  • Videos
  • Whitepapers
  • eBooks
  • Events
  • Jobs
  • Subscribe

© 2019 Corporate Compliance Insights