The Cost of Email Security
Many email users are attracted to the large public services like Yahoo or Gmail because of one primary factor: They’re free. When users are confronted with the choice of paying nothing for public email or a small fee for a private email service, many opt for the first choice to save a few bucks — but they may actually be losing money, and a lot more, in the long run.
The cost of email security involves a number of aspects beyond just a price tag, including your privacy and your sensitive information. If these are put at risk by a free service, just how much are you really saving? Here are a few things to consider if you’re weighing the true cost of email security:
Loss of Data
When you use a public email, particularly as a business, you run the risk of your private data being compromised. Recent reports indicate that organizations have a 30% chance of experiencing a major data breach — with customer and employee information, documents and much more getting into the hands of criminals. According to research by Mimecast, 39% of companies that experienced an email-based breach suffered the loss of data. Such an incident not only creates significant business obstacles for a company but also can do permanent damage to its view in the public eye; Mimecast found 13% of organizations took a hit to their reputation because of the breach. If this can happen to a large organization, how easy do you think it is for it to happen to your personal email?
Loss of Personal Information
Individuals are also paying the price when they don’t consider the cost of email security. Just as a business can lose control over its troves of data, so too can private users. Though many users may not think they transmit sensitive information over email, a privacy intrusion can expose passwords, stored bank or credit card information and even personal conversations.
Loss of Finances
Many people fear that an email attack will result in direct financial losses — and they’re correct to have such worries. Mimecast found that nearly one-third of respondents who were victimized by email suffered financial losses. About 28% of businesses also lost customers because of the attack, and 26% had to terminate employees, both of which can contribute indirectly to financial losses.
Get Secure & Private Email
When the cost of email security is looked at through this lens, the decision becomes much clearer. Paying a small price to join a private conservative email service like Reagan.com can ensure that your data, your personal information and your finances are all protected — making the investment well worth it.