Security
Infrastructure Security
Enterprises currently allocate 18% of their total IT budget to security. While implementing an effective cybersecurity strategy can be costly, it proves to be a worthwhile investment in the long term. A recent study revealed that the average cost of a single cybersecurity incident ranges from $86,500 to $861,000, underscoring the significant financial impact of security breaches.
Identity and Access Management
Approximately 23% of IT and cybersecurity professionals report that their Identity and Access Management (IAM) infrastructure was designed more for user convenience than for ensuring data security. As enterprises increasingly adopt cloud services and mobile apps to boost productivity and reduce costs, managing user identities and access to IT resources has become crucial. Sam Infotech can help you implement a comprehensive solution, including multi-factor authentication, consolidated identity repositories, and both on-premise and cloud-based Identity and Access Management (IAM).
Data Integrity
On average, security breaches now cost organizations approximately $4 million per incident, marking a 29% increase since 2013. In recent years, companies across all industries worldwide have experienced the loss, theft, or leakage of sensitive internal data. High-profile data breaches have not only cost businesses millions of dollars but have also caused significant damage to their brands and reputations.
Intelligence Surveillance
Approximately 60% of companies that experience significant data loss are expected to close within six months. Many organizations fail to recognize the critical importance of data disaster recovery. Additionally, physical security, often overlooked, has become a serious threat to business operations and requires a well-planned and executed strategy.