Organizations considered accountable for breaches

In enterprise, there is little room for excuses. This is especially true of organizations that are in possession of sensitive information. Should a security breach occur and the culprits are nowhere to be found, customers are not going to experience much empathy when their banking information starts showing up on the black market.

“The lack of stoplights and driving laws at the advent of the automobile, the death of workplace safety regulations in the age of the American sweatshop – time and again, tragedy precedes legislation, even when common sense would suggest otherwise,” wrote InfoWorld contributor Paul Venezia. “And with the onslaught of technology only accelerating, we place ourselves increasingly in the crosshairs in more and more corners of our daily life, with little legal aid in sight.”

This is why businesses have to be more proactive about stopping attacks before they happen. There are countless threats floating through cyberspace today and not all of them are easy to identify. Software-based layered security strategies are going to be critical to staying off of the public’s blacklist.

Cybercrime on the rise
According to a recent study conducted by PricewaterhouseCoopers and CSO Magazine found that the average organization experiences 135 security incidents a year. On top of that, the average losses resulting from these breaches is estimated to be $415,000. Yet in spite of all this, there has yet to be a sweeping change in how businesses view cybersecurity.

“This [study] reveals that while the number of cybercrime incidents and the monetary losses associated with them continue to rise, most US organizations’ cybersecurity capabilities do not rival the persistence and technological skills of their cyber adversaries,” Continuity Central wrote on its website.

Today’s companies cannot wait around for a breach to happen. Chances are, there have already been breaches occurring that management is not privy to. Software-level security is being found to be increasingly essential to staying afloat.