Post by account_disabled on Dec 3, 2023 6:35:07 GMT 1
Data breaches are more common than you think. And their cost can be very high if the incident exposed personal data or is the result of a cyber attack Publication date :October 5, 2020 Flipboard Reddit Pinterest WhatsApp E-mail The average cost of a data breach decreased 1.5% year over year, costing businesses US$3.86 million per incident, according to 's 2020 Cost of a Data Breach Report .
IBM. The annual study analyzed data from 524 companies that, despite being based in 17 countries and regions and operating across 17 industries, have one thing in common: every one of them has Country Email List suffered a security breach over the past year. Customer data is the most vulnerable For the first time this year, the study, conducted by IBM Security and the Ponemon Institute, broke down costs by type of compromised records, which include customer personally identifiable information (PII), employee PII and proprietary intellectual (IP).
The analysis found that customer data was by far the most commonly compromised type of record , with 80% of breached organizations reporting that customer PII was affected. “ While the average cost per lost or stolen record was $146 for all data breaches, those containing customer PII cost businesses $150 per compromised record ,” the report states.
IBM. The annual study analyzed data from 524 companies that, despite being based in 17 countries and regions and operating across 17 industries, have one thing in common: every one of them has Country Email List suffered a security breach over the past year. Customer data is the most vulnerable For the first time this year, the study, conducted by IBM Security and the Ponemon Institute, broke down costs by type of compromised records, which include customer personally identifiable information (PII), employee PII and proprietary intellectual (IP).
The analysis found that customer data was by far the most commonly compromised type of record , with 80% of breached organizations reporting that customer PII was affected. “ While the average cost per lost or stolen record was $146 for all data breaches, those containing customer PII cost businesses $150 per compromised record ,” the report states.