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Preventing Data Breaches by Learning from Competitors

With increasing attention to cybersecurity, it’s important for businesses to understand their competitors’ preventive practices and security breaches. Publishing cybersecurity and breach reports can help bridge gaps in understanding and help various stakeholders comprehend actual breaches rather than focusing on theoretical attacks. Verizon’s annual data breach report offers insights on common attacks and mitigation strategies. Cybersecurity oversight can be improved by assessing the content of breach reports and aligning them with current practices, enhancing audit committee effectiveness and increasing management accountability.

Source: www.cpajournal.com –

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