Blog

How much will that cost?

Data breaches certainly are priceless when it comes to reputation damage and loss of customers.

Data breaches certainly are priceless when it comes to reputation damage and loss of customers. However, The Poneman Institute recently issued a report that quantifies the monetary cost: First Annual Cost of Cyber Crime Study- Benchmark Study of U.S. Companies. It's definitely a fascinating read and I'll tell you what, this chart should be a wake-up call to every company out there in terms of the need to lock down data, not just the perimeter:

 

Oncee again, excellent information produced by Poneman.