Scanning Articles from Pearl Scan Solutions
Data losses cost businesses an average of £1.4 million
Date: 25/02/2008
Information leaks cost businesses in the UK an average of £1.4m each in 2007, according to a study by privacy researchers from the Ponemon Institute, commissioned by security company Symantec and encryption company PGP Corporation.
The report, released on Monday, revealed how researchers received responses from 21 UK-based companies who had suffered information breaches in 2007. The researchers found that the cost of lost business was the most significant component of data breach costs, accounting for 46 percent of the total expense.
Following the loss of laptops or devices, the loss of paper records was the main cause of data breaches, accounting for 24 per cent of cases.
Using PEARL's scanning and data management services means that you will never have to worry about losing paperwork and the resulting loss of business it could cause again. PEARL’s scanning and data management solutions mean that all your records are stored and indexed electronically, ensuring that they are safe and easy to retrieve very quickly.
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