Fergie's Tech Blog

Cost of Data Breaches Rises Sharply

Matt Hines writes on eWeek:

Leaks of sensitive customer information and other corporate data are costing companies in the United States substantially more in related financial and business losses in 2006, according to a new study published by the Ponemon Institute.

Based on the findings of the Ponemon Data Breach Study, to be published on Oct. 23, information losses cost U.S. companies an average of $182 per compromised record in 2006, compared to an average loss of $138 per record in 2005, for an increase of about 31 percent.

posted by Fergie @ 10/20/2006 06:26:00 PM