What other crimes should businesses watch out for?
• Theft and fraud costs businesses $40 billion a year.
• It happens without guns, without violence and often, without detection.
• And 40% of these crimes are committed by trusted employees – not strangers.
Any organization could be a target
• It's not just consumer goods and laptops up for grabs.
• Companies need to protect their proprietary secrets, knowledge and processes that:
• Generate revenue
• Increase profits
• Provide competitive advantage
• This information can be stored almost anywhere, from Word documents and presentations to CAD drawings and flowcharts.
How much is that data worth?
• Knowledge-intensive industries accrue 70 to 80% of their portfolio value from proprietary data and secrets.
• What industries are we talking about?
• Manufacturing
• Information services
• Professional, scientific and technical services
• Transportation
• When their important data is stolen, leaked or misused, the impact can be catastrophic.