Is Data Risk slowing down progress in organisations?

As a Data Discovery software company, Data Risk is understandably a hot topic at Exonar, and one which is frequently on the lips of our customers.

This is not surprising, with the average cost of a UK data breach now thought to cost organisations an average of $3.9M and take as much as 256 days to identify and contain [1], organisations must act now more than ever to proactively reduce the likelihood of attack. Moreover, it is no longer enough to build a minefield of defence around your data from the outside, as the frequency of an insider breach (this could be due to negligence or malicious employees, contractors or criminals operating within the company) has tripled in recent years [2].

In an anonymous poll, we asked our customers “Is Data Risk slowing down progress in organisations?”. 83% of our customer respondents said ‘yes’ Data Risk is slowing down progress, 17% said ‘somewhat’, and no one said ‘no’.

We decided to take this topic into a wider panel discussion at our Customer Forum we hosted recently. We invited 3 guest panellists to join us. Download the report to read the discussion. 

1. Cost of a Data Breach Report 2020, IBM
2. Cost of Insider Threats: Global Report 2020, IBM