Fear Is Reality

The statistics around data breaches are shocking, and also very real, McDonald said. The average loss from a data breach is more than $3.5 million, he said. That shift is driving the conversation of security up to the board level and is opening up corporate wallets to more security spending than ever before, he said. For companies able to executive successfully on the shift to security and communicate that reality effectively to customers, that means a giant opportunity, McDonald said.