Insurance company Darwin Professional Underwriters has released a free online data loss cost calculator. The company says the free tool allows businesses to estimate their financial risk from data theft. The calculator is “our best guess, using the best information out there for how much this stuff costs,” an underwriter says. Such calculators can be useful in helping companies arrive at a better understanding of the financial implications of a breach, an analyst says. An analyst at Gartner: “A lot of the costs are often exaggerated””]
Source: https://www.csoonline.com/article/2121891/calculating-the-cost-of-a-data-breach.html