Breach Detection BREACH DETECTION

The average cost to UK organizations of a data breach has risen by over 7% over the past two years to reach £2.37 million, or £104 per stolen record, according to the latest Ponemon Institute figures.

The research firm has teamed up once again with IBM to release this year’s Cost of Data Breach Study which comprised stats from 39 breached companies from 12 different sectors.

The report claimed that costs associated with detection and escalation, as well as lost business, increased last year, but that notification and cyber defence costs decreased.

Extensive use of encryption; incident response plans; file management and board level involvement; employee training; CISO appointment; and insurance protection are all good ideas as they lead to lower breach costs.

You can read the full story on Infosecurity Magazine here.

Share this blog post

Products
USA Offices
New Net Technologies Ltd
Naples
9128 Strada Place
Naples, Florida, 34108
Atlanta
201 17th Street, Suite 300
Atlanta, Georgia, 30363.

Tel: 1-888-898-0674
email USinfo@nntws.com
NNT Logo
UK Office
New Net Technologies Ltd
Spectrum House, Dunstable Road
Redbourn,
St Albans

Herts
AL3 7PR

Tel: 08456 585 005
Fax: 08456 122 031
email info@newnettechnologies.com
Connect with NNT
Google+ Linkedin Twitter - Change Tracker Facebook rss feed YouTube
Sign up to NNT's IT security and compliance monthly newsletter. Get breaking security news, how-to tips, trends and commentary direct to your inbox.

Sign up to the NNT newsletter