As many companies keep their customers’ personal information on file for invoicing and other business purposes, there is a growing need for effective data security measures to prevent this information from falling into the wrong hands. Rising cybercrime is expected to exceed $2 trillion by 2019, while a growing number of consumers, 68%, don’t trust brands to handle their personal information appropriately.
To determine the best data protection measures a business can take, while also keeping their customers aware of how their information is handled, I asked nine members of the Young Entrepreneur Council:
