Today’s digital world requires safety and security measures to ward off cyber criminals at every turn. Around the globe, cyber crime reached an all-time high in 2016, which is a clear message that data breaches aren’t just a possibility anymore. In fact, they’re now a probability.

As Mark Flegg, global product director of domains and security for Corporation Service Company® (CSC®) said recently, “It’s not if you will suffer a cyber attack, it’s when.”

Ultimately, all of this information begs the question: Is your data safe?

Data breach and cyber securityYou may think so, but think again. Even larger companies, like some of the most prominent multinational technology companies, are susceptible to a breach. Since 2013, one such company has suffered two data breaches that compromised the sensitive information of more than 1.5 billion users.

A data breach of this magnitude (or even smaller) won’t just cost the company a loss of clients, but can also severely damage its overall brand reputation, both online and otherwise. Furthermore, a breach can result in the company incurring massive penalties and fees.

In 2018, the EU will begin enforcing the General Data Protection Regulation, which will raise fines up to a maximum of 4% of the total worldwide annual turnover. And the advent of many online hacking tools and cyber crime-as-a-service not only increase the likelihood of an attack, but pose a threat that is both scary and real.

Companies need to have security measures in place to stave off data breaches, including two-factor authentication, MultiLock Service, and use a robust digital asset monitoring platform – to have peace of mind by preventing unauthorized access and manipulation to your digital assets.

If you’re ready to find out just how safe your data is, request for a free audit here.

Is Your Data Safe?