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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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About Parks Associates

11 Real Costs Of A Corporate Data Breach

Previously In The News

Almost 50% Smart Home Devices In U.S. Are Self-Installed, Parks Associates Finds

AT&T-Time Warner Deal: A Good Merger In The New Media Era Or A Bad Remake?

Prediction: Wi-Fi-Cell Hybrid Service Is Coming

Netgear Announces Orbi Tri-band WiFi System for Greater Home WiFi Coverage

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