LONDON, May 11, 2016 /PRNewswire/ -- Is your organization is dependent on a typo error to raise the cybersecurity alarm in your organization? Recently, a group of hackers succeeded in transferring $81M from Federal Reserve bank account using Bangladesh central bank account to a non-profit organization's bank account with Philippine bank using a malware on Bank's system. Based on FireEye's investigation, the malware is a form of spyware which gives access and the ability to the hacker to remotely control the bank's system. According to ITRC, malicious or criminal attacks pose as the main contributing factor for data breaches, yet negligent employees are also responsible for data breaches.
The average cost per lost or stolen record containing sensitive data is $217 for 2015. There has been a substantial increase of $16 per record breached in comparison to year 2014 which is close to an 8% increase.
Some industrial sectors such as healthcare, pharmaceutical, financial, energy, and transportation, communications and education are more prone to the breaches and thus have higher data breach costs.
The worldwide Data Loss Prevention (DLP) market has witnessed 17.5% growth in 2014 and hit $652.6 million and it is expected to touch $715 million in revenue in 2015. Organizations are continuously looking for the solutions to protect the company brand, secure the intellectual property and comply with the various compliances and industry regulations. Demand for Data Loss Prevention (DLP) is continuously increasing for feature rich solution with every growing cyberthreat landscape with growing adoption of cloud and mobile within enterprise boundaries.
This report covers the following areas in-depth:
+ Cost of breach and impact across the verticals
+ Data Loss Prevention (DLP) Market Size and Forecast
+ Data Loss Prevention (DLP) Market Regional InSights
+ End-user organizations requirements to Deploy DLP
+ Data Loss Prevention (DLP) Market Trends, Drivers and Challenges
+ Data Loss Prevention (DLP) Market Competitive Landscape (10 Data Loss Prevention (DLP) Leading Players) covering their Data Loss Prevention (DLP)product Strategy, Data Loss Prevention (DLP) related Key Acquisitions, Marketing Strategy, Channel Partner Strategy, and their Strengths and Weaknesses.
+ In-Depth Feature based Comparison of Data Loss Prevention (DLP) Competitors
+ Trends associated with Managed Services, Mobility etc.
+ Key Recommendations
Download the full report: https://www.reportbuyer.com/product/3825804/
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Sarah Smith
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SOURCE ReportBuyer
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