VentureBeat February 12, 2023
Jenelle Fulton-Brown

Data breaches have, unfortunately, become an all-too-common reality. The Varonis 2021 Data Risk Report indicates that most corporations have poor cybersecurity practices and unprotected data, making them vulnerable to cyberattacks and data loss.

With a single data breach costing a company an average of $3.86 million and eroding a brand’s reputation and its consumers’ trust, mitigating the risks is no longer a luxury. However, as cyberattacks get more pervasive and sophisticated, merely patching up traditional cybersecurity measures may not be enough to fend off future data breaches.

Instead, it’s imperative to start seeking more advanced security solutions. As far as innovative solutions go, preventing data breaches by utilizing the blockchain may be our best hope.

Blockchain technology 101

Blockchain technology,...

Today's Sponsors

LEK
ZeOmega

Today's Sponsor

LEK

 
Topics: Blockchain, Cybersecurity, Health IT, Health System / Hospital, Provider, Technology
5 questions for Chris Dixon: Building the Next Era of the Internet
A promise to remake the web with blockchain
Internet Computer blockchain has raised $77M | Dfinity Foundation
Revolutionizing Remote Healthcare: A Synergistic Approach with Blockchain, SDN, and 5G in IoMT
Blockchain technology in population health management

Share This Article