Data security is vital for small, medium and large businesses, and utility providers are no different. Protecting your customer data is not only important for customer satisfaction metrics, it's also required by Canadian law.
Cybercrime can also have a huge impact on your utility's bottom line. Research from Cybersecurity Ventures found cybercrime will cost the world in excess of $6 trillion each year by 2021, up from $3 trillion in 2015. Meanwhile, data published on Wikipedia estimates the average cost of one single data breach will be over $150 million by 2020.Read More