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MegaPath Launches Data Breach Risk Calculator

New Tool Designed to Help Small-to-Medium Sized Businesses Estimate the Cost and Likelihood of a Data Breach

Pleasanton, Calif., November 19, 2013MegaPath Corporation, a leading provider of managed data, voice, security and hosted IT services in North America, today announced the launch of its Data Breach Risk Calculator to help organizations better understand the probability of a data breach and the associated costs. Based on responses to a 10-question survey, the calculator provides participants with benchmark information that can be used to assess potential data breach exposure for their companies.

MegaPath’s Data Breach Risk Calculator generates three analyses based on users’ responses to the questionnaire:

  • Overall data breach cost as a range variable,
  • The probability of a data breach within the next 12 months, and
  • Five subcomponents of data breach – detection and escalation, containment and remediation, information loss, business interruption, and reputation impact.

In addition to providing a snapshot of the estimated cost of a data breach, MegaPath’s Data Breach Risk Calculator also provides a detailed report that explains the methodology, directions for interpreting the results and tips for reducing the risk of a data breach.

“Many businesses today, particularly SMBs, struggle to understand their risk of exposure to a potential breach,” said Dan Foster, President, Business Markets, MegaPath. “Now, with the Data Breach Risk Calculator, customers can gain insight into the estimated cost of a data breach within their organization and work with MegaPath’s teams to identify the security tools necessary to help protect their sensitive corporate data from unauthorized access.”

The Data Breach Risk Calculator is powered by The Ponemon Institute, a firm dedicated to independent research and education that advances responsible information and privacy management practices within business and government. The calculator is based on data from a Ponemon Institute study commissioned by MegaPath that interviewed more than 700 IT and administrative practitioners working in healthcare organizations with 250 or fewer employees. The 2012 study, “Data Security in Small Healthcare Organizations,” found that almost all of the small healthcare organizations surveyed had a data breach within the 12 months leading up to the survey. Additionally, the study concluded that businesses often underestimate the financial and reputational consequences of a data breach.

Customers can turn to MegaPath’s Managed Security Services to provide comprehensive, multi-layer security that protects network and data assets, while maintaining compliance with regulatory requirements. The service incorporates comprehensive Unified Threat Management (UTM) services, including firewall, intrusion prevention, anti-virus, Web filtering and anti-spam. Delivered as a SaaS solution, there is no hardware to purchase or maintain and OEM contracts to acquire.

To learn more about MegaPath’s Managed Security Services, visit www.megapath.com/security/. The Data Breach Risk Calculator is available at www.megapath.com/security/ponemon-breach-calculator/.

 

 

About MegaPath
MegaPath is a leading business communications and network provider that helps businesses fully leverage the cloud. MegaPath’s award-winning service portfolio includes Voice, Unified Communications, SD-WAN, WiFi, and Internet services, backed by dedicated project management and 100% US-based technical support. MegaPath is uniquely positioned to deliver custom managed solutions to businesses that desire a broad range of high-value services from a single nationwide provider. With over twenty years of expertise, MegaPath empowers businesses of all sizes to simplify operations, improve communications, increase productivity, and lower costs.

To learn more about MegaPath’s leading service offerings, please visit www.megapath.com.

MegaPath Media Contact:
Tony Welz
Welz & Weisel Communications
703-877-8101
tony@w2comm.com

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