What is the True Cost of a Data Breach?

Lost data can mean a loss of intellectual property that is hard to put a value on. It would definitely include fines, lawsuits and an evaluation of technology or policy. The cost of a lost record in the US is at $195 per record, which is up from the $188 that is was in 2013. The likelihood that a data breach will happen might be higher than you would expect.

 

60% of your workforce exchanges data with 10 or more people everyday.

 

A lot of information is going through many different people, so it is not surprising that 84% of organizations have had staff related data breaches. 89% of breaches can be prevented, so the investment is well worth it.

 

To read more about data breaches click the link below:

http://www.titus.com/titus-blog/2014/05/what-is-the-true-cost-of-a-data-breach/