Around the Net
Data Breaches Cost Companies an Average of $3.79 M
- 24/7 Wall Street, Sunday, May 31, 2015 10:25 PM
The average data breach costs the company an average of $3.79 million, or $154 for every lost or stolen record, according to a new story from IBM and the Ponemon Institute. This is up from $3.52 million and a per-record cost of $145 in 2014. The research included data from 350 major firms across 11 countries whose databases and consumer information had been hacked.
