secure file sharing for m&a the best solutions

You might think of stocks, real estate or the most recent technology startups when you think of smart investments. However, there’s a different kind of investment that pays both immediate and long-term benefits cybersecurity. This essential investment helps protect businesses from costly cyberattacks and assists them in avoiding costly penalties and loss of trust from customers.

As digital transformation transforms business operations of enterprises, they create, manipulate and store an ever-growing amount of information. The data needs to be managed across a variety of complex computing environments. These environments typically span cloud and enterprise data centers as well as many connected devices including Internet of Things sensors and robots. This increased complexity creates an greater attack surface, which makes critical data more vulnerable to being hacked and lost.

Aside from the financial costs, data breaches can damage the reputation of a company and lead to long-term losses in sales. Recent research revealed that the cost for a data breach was $4 million. This is a massive impact for any company. Additionally, regulations such as the California Consumer Privacy Act and the General Data Protection Regulation impose severe penalties on companies that do not meet the strictest security standards.

In today’s market that is highly competitive security is a must. is essential to growth. It’s cheaper to invest in preventative measures instead of paying for the cleanup and repair after the event of a security breach. With the right tools and technologies, companies can ensure their information is safe during transit, at rest and in the middle by implementing encryption, focusing on the human firewall and conducting regular deep-checks.