Biokey International Inc (BKYI)

[wickw50]

In our newest whitepaper, we define poor security and how it leads to poor productivity. Once security is compromised, you and your organization can experience the following:

Damage to Brand and Reputation
Data breaches raise doubts in your customers. 44% of adults said they would semi-permanently stop using a company if a data breach was uncovered.
Financial Penalties
The GDPR has drastically raised the financial penalties for data security lapses. Marriott International had a fine of 99.2 million euros because of its compromised data on 300 million guests.
Financial Outlay for Incident Response and Rectification
Organizations must pay a high cost to rectify incidents and systematic weaknesses after an incident. For example, companies need to enroll in a data protection program, or cease operations temporarily, or at the worst, close-up shop instead of recovering as the damage may be too much for the company.
If you're interested in preventing your security from being compromised, learn more about the solutions to update, evaluate, and embrace new security measures here.

Best,

The BIO-key Team