Craig Burton

If you are thinking of not implementing security measures to protect your data because of the huge expense involved, it may be a case of penny wise, pound foolish. Research firm Gartner has reported that the process of cleaning up, recovering your data, and compensating for the damage done after a security breach occurs, will end up costing you much more than your expenditure incurred on encryption and protection technology. Avivah Litan, analyst at Gartner, says that data encryption, host-based intrusion prevention, strong security audits, and/or host-based intrusion detection systems are absolutely necessary for the protection of customer/citizen data. Bank Tech reports:

"A company with at least 10,000 accounts to protect can spend, in the first year, as little as $6 per customer account for just data encryption, or as much as $16 per customer account for data encryption, host-based intrusion prevention and strong security audits combined," Litan said in an accompanying statement. "Compare

// posted by Craig @ 6:01 PM