Wednesday, March 17, 2010

Data Breach Incidents Cost U.S. Companies

The Ponemon Institute released a study last month which examined 43 organizations across 17 different industry sectors, showing that data breach incidents cost U.S. companies $202 per compromised customer record in 2008, compared to $197 in 2007.

Since the study's inception in 2005, this cost component has grown by more than $64 on a per victim basis, nearly a 40% increase.

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