CyRAACS

 If you're a tech or SaaS founder, the news of a data breach is probably enough to send chills down your spine. A data breach can do some serious damage to your business - it can make you lose all of your credibility and reputation in an instant. It's brutal. Data breaches steal 69 data records every second: If you're not careful, you could be the next target on a hacker's list. Make sure you have a solid system in place to prevent data breaches. By taking the right steps, you can protect your business from data breaches and keep your customer's information safe. There are a few key steps you can take to help prevent data breaches and keep your business safe. By taking these precautions, you can greatly reduce the chances of a data breach occurring. Some of the steps you can take to help protect your business include: -Educating your employees about data security and best practices -Implementing strong security measures, like firewalls and encryption...

 For three years, the financial sector faced more cyberattacks than any other industry, according to a report by IBM X-Force Threat Intelligence Index. The financial sector was responsible for nearly one-fifth of all cyberattacks around that period. Furthermore, when compared to other industries, financial services also face the highest costs while dealing with the aftermath of cyberattacks. The 2019 Accenture report on the cost of cybercrime stated that the average cost of cybercrime per company in financial services was a whopping $18.5 million - much higher than any other vertical. This is a huge financial burden for companies to bear, and it's only getting worse as cybercriminals become more sophisticated. With the right security measures in place, however, financial services companies can protect themselves from these costly attacks. The banking sector is especially vulnerable to data breaches due to the value of the data it hosts. Hackers sell the stolen financial data an...

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