data breaches cost

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A Data Breach – Just Pocket Change

I just read a really interesting article about the cost of data breaches. The average expenditure to rectify a data breach is now topping $3.8 million. The article I read, How much do data breaches cost big companies?

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If you have 10K Records, Your chance of a material data breach is 22% @ $145 per record

And, loss of brand can be expected to reach $3.3 million, the cost of a data breach is estimated at $3.5 million. Sizeable numbers, and numbers no organization will want to be liable for.…

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