Breaches cost more than you think:
The EU Data Protection Directive, adopted in 1995 is likely to be replaced in 2015 by the new EU Data Protection Regulation.
The new regulations will require company owners and data processors (such as cloud and offsite data hosting companies) to share the liability for data breaches.
However recent reports show that the vast majority of these service providers are not yet ready to meet these new requirements.
Technological investments in the last 10 years have had many benefits for organisations however much of what was put in place wasnt designed to be secure in a networked environment, and as a consequence data breaches are on the rise, as are the costs to businesses
as a result of an attack
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