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In a business environment where daily media reports of consumer data loss are on the rise and PCI compliance audits are placing increasing pressure on organizations to implement tools and strategies for data loss prevention, businesses can no longer afford to ignore data security. According to The Ponemon Institute, the cost of a single consumer data loss incident has risen in the past year, averaging roughly $6.6 million in regulatory fines and incremental expenses such as mitigation and remediation, not to mention possible negative publicity that can put a company's brand and reputation at risk.
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