Symmetry raises $18M to bolster organizations' data security

Symmetry raises $18M to bolster organizations' data security programs

As organizations embrace cloud services -- and are forced to confront changing regulations and data use standards -- their ability to maintain control of data security frequently becomes strained. The average cost of a data breach is about $3.86 million (per IBM), and most companies pay around $14.82 million per year for noncompliance, including noncompliance with data security policies. Ninety-seven percent of security leaders believe that their employers will either maintain or increase their security budgets this year, according to one recent survey, while 45% say that data security has "significantly" increased for them as a priority.

Related Keywords

Mohit Tiwari , Puneet Tiwari , Ibm , Palo Alto Networks , University Of Texas , Symmetry Systems , Casen Hunger , Orca Security , Rubrik Owned Laminar , Open Raven , Prefix Capital , Forgepoint Capital , San Francisco Based ,

© 2025 Vimarsana