What would be the metric equivalent of "An ounce of prevention is worth a pound of cure" ?
How about this: A smart card really isn't that costly when you think about the mess you have to clean up if someone compromises your data and systems.
Estimates from data collected of breaches during 2014 indicated the following:
- $ 210 Average per-record cost of a data breach
- 29,087 Average number of records compromised in a breach
- $ 5,400,000 Average total cost of a data breach, per incident
- $ 509,000 Average post-breach notification spending after an incident
Using a card based login process (ie. Chip & PIN at the desktop), the chance of allowing unauthorized access to data is nearly eliminated.
Ask us how we can minimize your risk, and drastically reduce losses associated with data breaches.