With over 800 reported data breaches in 2018 alone, it’s no wonder most consumers are becoming increasingly fed up and more distrustful of our service providers and if they actually have our back when it comes to information security. After all, some estimates peg the global economic cost of cybercrime at up to US $600 billion. IBM’s “Cost of a Data Breach” study reports the global average cost of a data breaches is up 6.4 percent over the previous year to $3.86 million.
