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Data Breaches Cost Companies an Average of $3.79 M

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.

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