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The average cost of data breaches is $4.45 million!
The average cost of data breaches is $4.45 million!
21.12.2023
ECONOMY
TECHNOLOGY

As the threat landscape evolves and data flows increase, data security has moved to the top of the agenda for IT leaders, with estimates showing that the average cost of data breaches is $4.45 million in 2023. A Turkish automotive retailer has renewed its data loss prevention solution to adapt to changing conditions and meet KVKK (Turkish Data Protection Law) requirements. 

TURKEY - As evolving technologies strengthen the technical capabilities and tools of cyber attackers, data and information security have become more critical for companies of all sizes. According to the IBM Cost of Data Breach 2023 report, the average global cost of data breaches reached $4.45 million in 2023, and there has been an increased demand for data loss prevention (DLP) software. Mengerler, a Turkish automotive retailer and the first distributor of Mercedes-Benz in Turkey, operating in 10 cities with 25 service points, has chosen SearchInform for their data loss prevention software.

Uğur Öndüç, the Chief Information Officer of Mengerler, shared his thoughts on the matter, saying, "The administrative challenges and high hardware requirements of our current solution primarily drove our search for a new data loss prevention software provider. For these reasons, we chose SearchInform, a global player in the IT industry, serving over 3,000 companies worldwide."

It offers easy control and a streamlined user experience

While data loss prevention systems provide advanced information security and protection, they also enable companies to comply with the Personal Data Protection Law (KVKK) requirements. End-to-end data visibility is crucial for businesses operating in multiple service points and working with numerous suppliers. Emphasizing their commitment to data for delivering accurate and personalized services to their customers, Uğur Öndüç stated, "Data from various departments such as finance, accounting, human resources, and sales forms the foundation of Mengerler's efficient business processes. Considering our previous experiences, we expected the solution to be easily manageable and provide a streamlined user experience. SearchInform's DLP solution has met all our expectations end-to-end, allowing data security tasks to be efficiently controlled through a single interface."

“Preventing disruptions to business processes is critical”

Highlighting that research indicates the data loss prevention software market will reach approximately $9 billion by 2028, Elena Varol, the Regional Manager of SearchInform in Turkey, stated, "Mengerler, as one of Turkey's leading automotive retailers with over a thousand employees, manages an extensive network. We knew the importance of ensuring that all business processes at Mengerler never face interruptions and that preventive measures are in place against internal threats. As SearchInform, specializing in information security technologies since 2004, contributing to data security for over 3,000 companies worldwide, and specializing in risk management and information security, our solutions offer end-to-end control with low infrastructure requirements and can be tailored to customer needs. Mengerler's choice of our solution to enhance their information security validates that our approach benefits our customers.”

Implemented by a Turkish business partner with 20 years of experience in the IT sector

Emphasizing that offering world-class security solutions to Turkish companies in the local market is possible through partnerships with local technology providers, Uğur Öndüç, the Chief Information Officer of Mengerler, concluded his remarks as follows: "During our seamless and uninterrupted transition process to the SearchInform DLP solution, we worked with Nexta Solution Consulting, in whose expertise we trust. With over 20 years of experience in the Turkish IT sector, Nexta has consistently provided the right solutions to complex IT needs across different industries. We felt their support at every stage. Nexta continues to provide immediate and comprehensive answers to all our questions through technical support, proving that we made the right choice in our partner every day.

Contact: Tülay Genç | [email protected] | +31 30 799 6022

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