BreachExchange mailing list archives

Data Breaches Get Costlier


From: lyger <lyger () attrition org>
Date: Mon, 25 Jan 2010 17:28:06 +0000 (UTC)


http://www.pcworld.com/businesscenter/article/187611/data_breaches_get_costlier.html

The cost of a data breach increased last year to $204 per compromised 
customer record, according to the Ponemon Institute's annual study. The 
average total cost of a data breach rose from $6.65 million in 2008 to 
$6.75 million in 2009.

Ponemon Institute based its estimates on data from 45 companies that 
publicly acknowledged a breach of sensitive customer data last year and 
were willing to discuss it.

Breach costs increased just $2 per compromised customer record, as 
compared to 2008 costs. However in the five years that Ponemon Institute 
has conducted its study, costs have increased from $138 per compromised 
customer record.

[...]
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