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11 Real Costs Of A Corporate Data Breach

July 24, 2016

security

big data

privacy

Twice

cybersecurity

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.

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11 Real Costs Of A Corporate Data Breach

Previously In The News

Builder Designs Houses That Can Run For Weeks Without Power

Wall Street Wants Streamers to Make More Money – but Consumers Want to Pay Less | Chart

It's not me, it's Netflix: With password sharing on the block, how to boot your friends

Piracy Could Result in $113 Billion Loss for Streaming Services by 2027

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