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Many business owners in Singapore don’t realise that a data security breach will cost them money in lost business and fines, despite research estimating the average cost of a breach at over S$5 million, not to mention the significant damage to their reputation. Having a strong data protection and information security policy is an important part of running any modern business, and ensures that your company will be protected in the digital age.
The first step in mitigating risks is identifying the threats that your business's info security may face . This simple information security checklist can help small businesses:
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