Many organizations are failing to secure their printing infrastructure, despite the high risk of data loss, new data suggests.
According to a report from research firm Quocirca, based on a survey of 531 IT decision-makers, more than two-thirds (68 percent) of firms have experienced data loss due to printer vulnerabilities.
On average, these breaches cost more than $800,000, and SMBs were hit the hardest, the report claims.
At the same time, printing remains a critical practice for most. For almost half of the respondents (44 percent), print volumes are expected to increase, both in-office and in the home working environment.
“There is a clear opportunity here for suppliers to support customers in securing their print infrastructure and lower the risk of data loss,” said Louella Fernandes, Research Director at Quocirca.
“By developing multi-layered security solutions – partnering with experts where necessary – print suppliers can elevate their relationship and retain relevance with customers.”