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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

Poll shows consumers not sure what 'Internet of Things' means

Cable Boxes Suck. One Day They’ll Die. Until Then We Have to Fix Them.

Smart household devices may be your biggest security blindspot

Consumers' Dependence on Broadband Gives Comcast a Streaming Opportunity

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