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The Business Case for Data Security
Large-scale application attacks, targeted insider threats, and a swelling raft of regulations are compelling organizations to adopt a new defense: data security. In this paper, we will address three key business questions:
1) What are the risks and regulatory drivers for data security?
We take a close look at today’s security and compliance landscape, current data security challenges, and the auditing and reporting requirements in leading data privacy and data governance regulations. We conclude that data security should be an executive focus, when businesses consider the devastating impact of data breaches and the rising costs of regulatory compliance.
2) What are the alternative approaches to achieving data security?
We contrast Imperva’s holistic data security approach with other approaches, including “do it yourself” projects, use of data security features within event management and application delivery products, and loosely integrated data governance solutions. It is our contention that only a comprehensive and intelligent platform can deliver the right level of security and control that is essential for effective data security.
3) What are the financial benefits of deploying a holistic data security solution like Imperva SecureSphere?
Based on the analysis offered above, we determined that Imperva SecureSphere offers a cost reduction and cost avoidance benefit of 274% compared to alternative approaches. Calculating the total costs over a five year period, a typical large enterprise would spend $5,487,500 in data breach expenses, manual monitoring, auditing, and reporting costs versus $1,467,850 with Imperva SecureSphere appliances, licenses, maintenance, and operations costs. The cost savings are compelling, demonstrating why data security has moved to the forefront of most organizations security strategy.
Read this white paper to learn more about Imperva SecureSphere and the many security benefits it has to offer.