Average cost of data breach reaches record levels: but business continuity quantitatively reduces the loss amount
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- Published: Thursday, 28 May 2015 07:16
The Ponemon Institute has released its annual Cost of Data Breach Study: Global Analysis, sponsored by IBM. According to the benchmark study of 350 companies spanning 11 countries, the average consolidated total cost of a data breach is $3.8 million1 representing a 23 percent increase since 2013.