Staying informed about all of the cyber security compliance standards is essential to keeping your company safe from hackers. Read on to learn about the various steps you can take to stay up to date with your industry’s compliance standards.
In today’s competitive business environment where small and large businesses alike must compete with megaliths like Walmart and Amazon, creating a strong brand is key to maintaining a strong customer base. Of course, there are many aspects that you could implement to build a positive brand, but security for any company that handles or stores customer data or transactions is a key element of a positive brand.
If you want to be taken seriously as a business owner, you must ensure that security is a top priority as one customer data security study conducted by digital security expert Gemalto found. Out of the 10,000 customers they surveyed, only 27 percent of consumers felt that businesses take customer data security very seriously. Additionally, 70 percent of consumers said that they would altogether stop doing business with a company if it experienced a data breach.