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11 Real Costs Of A Corporate Data Breach

Security breaches cost a lot of money. In the U.S., the average data breach costs $5.4 million. The average cost, globally, of a compromised record rose 9 percent in 2014 to $145; costs in the U.S. rose to $201 per record. The 2014 Target breach was estimated at a gross cost of $162 million, with a net cost of $105 million after reduction for insurance payments and tax deductions.

From the article "11 Real Costs Of A Corporate Data Breach" by Brad Russell.

Previously In The News

Parks Associates: Security and Smart Home Research for 2017

CE Pro sister publication Security Sales & Integration recently revealed security and smart-home statistics from its annual Residential Market Report. Researched with Parks Associates, and now in its...

Report: Smart Home Devices Had Biggest Impact on Security Market in 2016

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Study: 73% of Integrators Don’t Offer Cybersecurity Services

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What Happens When Amazon Acquires a ‘Real’ Security Company Like Vivint, Guardian or Brink’s?

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