In our networked world with its multitude of highly sensitive data and digitally stored information, information security should be an essential part of the business model. However, with the increasing complexity of IT, the legal requirements are also evolving - and new or updated regulations are published almost every year.
There are therefore a whole host of reasons why companies and banks should pay close attention to the security of their data, but also to the security of their digital processes.
The loss of data can sometimes result in high costs, for example due to production interruptions, fines from regulatory authorities, legal disputes, or because a physical renewal of the IT becomes necessary after cyber attacks.
- Loss of trust
An external attack or the loss of entire data sets has a negative impact on the trust of customers and service providers and thus also affects business success.
- Damage to image
If data loss occurs due to non-compliance with national and international regulations, laws or frameworks, this usually results in fines and damage to the company's reputation.