Pursuant to my last post about IoT and the sheer volume of data we can expect to be created over the next 10 years, please find (see this CBC article ).
In a nutshell, companies are terrified that their customers won’t trust them, specifically won’t trust the company’s ability to keep personal information private, or won’t trust a company’s on-line presence (functionality and availability). This will of course impede a company’s ability to conduct business, killing revenues and driving costs up.
Yet we still see many companies not taking the appropriate steps to secure their data and build IT support that maintains and builds brand / company trust . In addition to physical and network security, this includes continual access to data and transaction processing. Imagine a bank whose on-line presence was sporadic; who would use it. Or imagine a bank who inappropriately collected / shared information
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