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These days, Printer is not the box in the corner of the office, which is harmless and doesn’t need more attention than normal wear and tear repair. In this 21st century, Printers and Multifunction printers (MFPs) are most vulnerable to the cyberattack and can be the cause of the breach of a very sensitive information. Most companies are cognizant of the fact that they need to secure themselves from the cyberattacks and hacks, but they generally forget to include their printers and multifunction printers in this purview and for some the concept of print security is vague.
According to PwC 90% of large and 74% of small UK organisations reported suffering a data breach in 2015, while a 2016 study from the Ponemon Institute reveals the average total cost of a breach to be $3 million, with the average cost per stolen record $158. According to QuoCirca’s survery, about 61% of the large enterprises admitted suffering from data breaches because of the insecure printing.
As Gartner reports, “Print devices were some of the first IoT devices on the enterprise network, yet customer awareness of print security risks is lagging.” We will try to collate all the important points which an organization should be aware of for better print security.
To know more about the printer security market, visit our Print Security market page within Product comparison platform to get more information on these markets.