Categories: Infographic

Best Practices in Managing Customer Data in a SaaS Business [INFOGRAPHIC]

One of the key areas that has received a lot of attention over the last few years within organizations is data protection. And it’s easy to see why when you look at the statistics. Data fraud is one of the biggest threats to organizations as well as individuals globally.

In fact, billions of dollars are lost each year as a result of data fraud and customer data breaches. The numbers are startling. In 2020, 47% of Americans experienced financial identity theft, with approximately $712.4 billion being stolen, a significant increase from 2019. While companies strive to keep one step ahead of hackers, the reality is that data fraud evolves incredibly quickly.

Source: Best Practices in Managing Customer Data in a SaaS Business

Sameer

Sameer is a writer, entrepreneur and investor. He is passionate about inspiring entrepreneurs and women in business, telling great startup stories, providing readers with actionable insights on startup fundraising, startup marketing and startup non-obviousnesses and generally ranting on things that he thinks should be ranting about all while hoping to impress upon them to bet on themselves (as entrepreneurs) and bet on others (as investors or potential board members or executives or managers) who are really betting on themselves but need the motivation of someone else’s endorsement to get there.

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