The Fearless Fund founders have some strong words for the conservative activist group suing them fortune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fortune.com Daily Mail and Mail on Sunday newspapers.
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.