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Opinions expressed by Entrepreneur contributors are their own. The cybersecurity business has become everyone's business. It only takes one viral data breach to destroy a company's social proof and send its clients running to rival organizations in search of safer conditions. IBM estimates that the average data breach this year costs affected businesses $4.35 million, a near 13% increase since 2020. That figure doesn't include the sometimes irreversible harm to a company's reputation. Headline-grabbing data leaks aren't limited to credit card or identity information, however. These incidents encompass anything and everything having to do with private and personal details. If you submit a car loan application, you trust the prospective lender to be a good steward of your information. When your business does business with another company, you similarly expect the same level of security. Related: 3 Reasons Why Privacy Matters to Your Business, ...

Opinions expressed by Entrepreneur contributors are their own. 78% of employers use software to spy on employees . But the research — and common sense — shows that this tempting practice does far more harm than good. And 83% of employers acknowledge that it's ethically questionable. When you spy on your people, you trade trust, culture and morale for sketchy data and productivity theater. Work-from-home and hybrid models are here to stay. Companies everywhere are investing millions in digital employee experience (DEX), which reduces IT friction and makes employees happier and more productive. Separately, the same remote and hybrid shift has encouraged companies to deploy so-called productivity surveillance technologies. These have the opposite effect and even punish those who allegedly waste company time. DEX and productivity surveillance are very different. DEX helps employees and their companies, while surveillance harms both. What's more, data from pr...

Photo : rafapress ( Shutterstock ) Back in July, T-Mobile agreed to pay out $350 million to settle a class-action lawsuit brought by a number of the company’s customers over a 2021 data breach . At this point, it’s still possible to claim a piece of the payout, but time is running out. Here’s what to know. Why was a class-action lawsuit filed against T-Mobile? In an August 2021 statement , T-Mobile confirmed that there had been a “highly sophisticated cyberattack” against the company’s systems, which had compromised data files with personal information from roughly 7.8 million current customers, as well as 40 million former or prospective customers. This information included first and last names, dates of birth, Social Security numbers, and driver’s license/ID information. In May 2022 , a group of T-Mobile customers affected by the data breach filed a class-action lawsuit against the company, in which the plaintiffs allege that the number of current, former, and prospective cust...

Opinions expressed by Entrepreneur contributors are their own. The cybersecurity business has become everyone's business. It only takes one viral data breach to destroy a company's social proof and send its clients running to rival organizations in search of safer conditions. IBM estimates that the average data breach this year costs affected businesses $4.35 million, a near 13% increase since 2020. That figure doesn't include the sometimes irreversible harm to a company's reputation. Headline-grabbing data leaks aren't limited to credit card or identity information, however. These incidents encompass anything and everything having to do with private and personal details. If you submit a car loan application, you trust the prospective lender to be a good steward of your information. When your business does business with another company, you similarly expect the same level of security. Related: 3 Reasons Why Privacy Matters to Your Business, ...

Opinions expressed by Entrepreneur contributors are their own. The cybersecurity business has become everyone's business. It only takes one viral data breach to destroy a company's social proof and send its clients running to rival organizations in search of safer conditions. IBM estimates that the average data breach this year costs affected businesses $4.35 million, a near 13% increase since 2020. That figure doesn't include the sometimes irreversible harm to a company's reputation. Headline-grabbing data leaks aren't limited to credit card or identity information, however. These incidents encompass anything and everything having to do with private and personal details. If you submit a car loan application, you trust the prospective lender to be a good steward of your information. When your business does business with another company, you similarly expect the same level of security. Related: 3 Reasons Why Privacy Matters to Your Business, ...