Data is stored in more places than ever before, and it contains more personal information than ever before. Protecting that data is more complex than it has ever been.

Week after week, we’ve gotten used to news media reports about ever-more jaw-dropping data breaches. The breach at the credit reporting firm Equifax is just the latest, and so far highest-profile reminder that more than 5 million personal records are lost or stolen every day. Each breach costs companies on average $3.6 million. CEOs have lost their jobs and reputations, and CSOs wake up each morning dreading the news that personal customer data is in the hands of hackers.

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