A review of security practices and investments at 46 global organizations finds that compliance with industry security standards actually saves money over the long-term. A recent Ponemon Study revealed that companies that consistently comply with security requirements and standards save three times more in security-related expenses annually than non-compliant companies.
Lessons Learned: Compliance does not equal security, but security can benefit from compliance. Organizations investing in comprehensive compliance programs are better prepared to prevent expensive breaches, lawsuits, fines, etc. and save money and resources over time.