Cyber threats are growing more sophisticated, covert, and frequent every day. This year alone has seen the likes of T-Mobile and PharMerica suffering serious security breaches. These incidents disrupted operations and threatened their bottom lines, not to mention the lingering aftereffects and negative brand perception in the eyes of their customers. Taking the recent Optus data security breach as an example, one source indicated that up to 30% of Optus customers would switch providers due to that incident. Even if an individual’s data has not been compromised, the risk outweighs the rewards…
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