“I’m working on it.”
“We don’t have room in this year’s budget.”
“Something else more important came up.”
“Well, we’ve not been breached before…”
“The risk of it happening is so small and it’s hard to quantify…”
These are some of the most common excuses companies give for delaying their security and compliance efforts. But,given the severe repercussions of just one breach – spiraling costs of damage-limitation, the brand-eroding reputational impact, falling share prices and lost jobs at the very highest level – putting off these initiatives is corporate insanity.
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