A Decade of Increasingly Stolen Data
Enterprise data security has become one of the key IT issues of the past decade, particularly in the United States. According to a 2019 report by IBM, the overall average cost of a data breach in 2019 was $8.19 Million for US companies. In fact, the US lead in nearly every category for data breach size and scope except for the number of records exposed.
Two sectors in particular were noted as vulnerable to data breaches within the United States:
- Healthcare was deemed the most costly averaging $15 Million/breach
- The Most Notable 2019 Healthcare Breaches
- American Medical Collection Agency – Exposed customer data for notable clients like Quest Diagnostic and Lab Corp was discovered in March. Ironically this debt collector had to file their own bankruptcy shortly afterwards and opted to liquidate from this fatal error.
- Zoll Medical – The combination of a third party email service and server migration left 277,319 patients’ data exposed.
- The Most Notable 2019 Healthcare Breaches
- Financial Services came in second at $13 Million/breach, and is also notable for only accounting for 6% of data breaches while over 60% of leaked records
- The Most Notable 2019 Financial Services Breaches
- Capital One Despite using proper infrastructure, a firewall mistake allowed a hacker to gain access to over 100 million customers and applicants dating back to 2005.
- First American Financial Corp. This real estate giant left 885 million financial records publicly available on their website for anyone who knew/figured out where to look.
- The Most Notable 2019 Financial Services Breaches
As enterprise environments grow more technically complex with digital transformation initiatives and a steady migration towards cloud environments, security concerns sometimes become an afterthought. Gartner predicts that through 2025 over 99% of all data breaches will ultimately be attributed to user errors.
In a recent survey of enterprise IT professionals, their organizations were running an average of 3.4 different cloud environments, while testing 1.5 more. This equated to the typical enterprise running about five different cloud environments. With so many concurrent unique environments, plenty of opportunities are being created for user error to arise by even the most seasoned IT security professionals.
What This Means for Enterprise Video
While data breaches involving customer data grab headlines, the spread of video throughout enterprise systems opens new types of business data risk. Employee town halls, training videos, and product team conferences all host confidential data you cannot afford landing in the hands of competitors or hackers.
As mentioned in the Aragon Research Globe for Enterprise Video, diverging organization needs are prompting some to invest in multiple video solutions. There are few platforms out there focused on offering a comprehensive solution to meet these needs and Vbrick Rev is considered one of them.
It only takes a single weakness in any application, infrastructure, or user behavior to jeopardize the security of the entire enterprise. Despite repeated public examples for why security needs to be prioritized, many organizations are still building technology investments not unlike a house of cards.
There simply are not many video platform vendors who have enough enterprise experience to be trusted with a Fortune 500 brand’s integrity and reputation. We have highlighted three elements that will be critical for any enterprise video platform in your organization.
The Three Pillars of Secure Video
With over 20 years’ experience delivering secure video for the Fortune 500 and federal agencies, one of the best values Vbrick offers is peace of mind. Valued by both industry analysts and our customers alike, Vbrick Rev is the only solution that was engineered for comprehensive enterprise needs. To read more on best practices for securing enterprise video content, please download our White Paper on the subject.