For the last couple of days, warnings have filled the headlines: 23AndMe files for bankruptcy; delete your data now. And while that’s important, and 23AndMe customers should certainly take the precautions recommended by experts, there’s another critical factor underlying these headlines: a cybersecurity breach.  

Cyber criminals specialize in breaking in to your network. To stay ahead of them, you must have specialists whose sole focus is keeping them out. Particularly with the advent of AI, cybersecurity has now officially moved out from beneath the IT umbrella and risen to a strategic concern that must be planned for and addressed by every organization’s senior executives.  

In the past five years, that has come at a steep price: according to one study, the global cybersecurity market saw premiums double between 2018 and 2023, and those premiums are expected reach $29 billion by 2027.[1] But you don’t have to be a hostage to rising premiums. You can safeguard your company’s data, clients, and future and slash your cyber insurance premiums at the same time with one simple move: hire a cybersecurity firm.

The heart of protecting your business is data classification. Today we’re going to break it down into manageable parts and shed some light on its pivotal role in safeguarding sensitive information as well as the future of your organization. 

Building a fortress around your data is the foundation of your company’s future.