Your Risk Level: High
It looks like your organization has a high level of risk. If you don’t take some key steps soon, your organization could be at a significant risk of experiencing a data breach. In the event of a data breach regulatory bodies may intervene and could have the ability to limit your operations and impose significant fines.
The average cost of a data breach for small businesses and SMEs is usually between $200,000 and $300,000. This can be a crippling amount for any organization and by implementing rigorous privacy practices you can reduce this risk by up to 80%. We recommend that you take immediate action to look into ways for minimizing your privacy risks.