SMBs Lacking Data Protection

Survey of small-to-midsize businesses, including insurers, indicates 85 percent do not use remote, automatic online backup.

April 2, 2012

Juliette Fairley

In 2010, Blue Cross and Blue Shield of Tennessee identified 998,422 current and former members as being at risk for identity theft after 57 hard drives were stolen six months prior. The data breach cost the regional company $7 million, while the plan's employees and vendors spent more than 114,000 hours of labor reviewing back-up data and notifying affected members.

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