Have you ever sold cyber with the Data Breach Calculator?
Patrick Costello, Evolve’s Co-Founder & Principal, was featured in the Wall Street Journal Pro today discussing the power of selling cyber with Evolve’s Data Breach Calculator tool. Quantifying the financial fallout of a hacker stealing data is complicated. Often times, there are too many costs to explain to businesses, including notification costs, forensic experts, & data breach attorneys… and that is before considering the MAJOR costs. Evolve’s Data Breach Calculator simplifies this entire process with “smart” functionality, allowing a producer to individualize the data breach to the actual company!
How is data stolen in 2020?
Ransomware. Ransomware. Ransomware. What? You read that right, ransomware not only locks up your data, but sophisticated ransomware actually “extracts” your data, so the hackers can re-sell the business’ information on The Dark Web. Once extracted, the business is obligated to follow foreign, federal, state, & private privacy regulatory body rules OR face a costly legal investigation followed by a fine and/or penalty assessment.
What does Evolve’s Data Breach Calculator look like?