Shocking privacy stats your CIO wish you knew

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Many businesses that handle sensitive customer or business data establish privacy policies and take several precautions to protect this data. But the CIO at your company wishes you knew how much of that responsibility also falls on you and all of your coworkers.

Employees are accountable every time a password is created for a company account, when a company computer is used for personal browsing, or when apps are downloaded in the company cellphones.

With every passing day, and every security breach making the news, your CIO has every right to feel concerned.

Thinking it'll never happen to you? These stats suggest the opposite:
  • According to Experien’s 2015 Second Annual Data Breach Industry Forecast, almost 50 percent of organizations suffered at least one security incident in 2014.

  • Since 2014, these incidents have increased by 200 percent.

  • The average data breach cost to an organization is $5.85 million.

  • Sixty percent of data attacks struck small to medium-sized businesses.

But these stats only scratch the surface of your CIO's cybersecurity concerns. Several companies, organizations, and high-profile individuals who experience a cyber attack struggle to bounce back to normal.

When a company experiences a cyber attack, various components of the company are at risk, including:
  • Company Financials
  • Reputation
  • Stock price
  • Trade secrets/proprietary information
  • Customer loyalty

What can you do to ensure you help your company protect its data and everything else that could get affected by a cyber attack?

Start by creating stronger passwords, and never use any company email accounts for anything unrelated to the business (use your personal or your junk mail email address), and always remember to store sensitive business data on a private cloud. If your company uses any collaboration tools, it might be time to consider a private alternative like Semaphor.

Cybersecurity is important for every business, and the responsibility belongs to everyone in the company. Take it just as seriously as your CIO.