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New Study: Compliance Saves Money

Bank Info Security reports a study, conducted by the Ponemon Institute and sponsored by solutions provider Tripwire, finds that companies that regularly review and maintain compliance with leading industry security standards save three times more annually than companies and agencies that fall out of compliance. The study found that most compliant companies and agencies spend, on average, $3.5 million annually on security; non-compliant companies spend an estimated $9.4 million. And the most-often focused on standard, across the board, is the Payment Card Industry Data Security Standard.

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Filed under: Network Security