Compliance activities and fines cost organizations nearly $4m per year

 Telos Corporation, provider of cyber, cloud and enterprise security solutions, unveiled new findings from a survey conducted by independent research firm Vanson Bourne that highlights organizations’ ongoing struggle to keep up with IT security and privacy compliance regulations. The survey, which polled 300 IT security professionals in July and August 2020, revealed that, on average, organizations must comply with 13 different IT security and/or privacy regulations and spend $3.5M annually on compliance activities, with compliance audits consuming 58 working days each quarter.

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