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The cost of 2017 data breaches

80 percent of survey respondents in the U.S. and U.K. say theyll change how they approach security. Many of the breaches listed at the end of this article would potentially cost hundreds of millions of dollars. Yahoos acquisition by Verizon saw a $350M reduction in purchase price due to loss of 1.5 billion records. At least 30 states in 2017 have introduced or considered security breach notification bills and resolutions, and federal legislation is being formed that would carry a 5-year prison sentence for those who would fail to notify.”]

Source: https://www.csoonline.com/article/3249088/the-cost-of-2017-data-breaches.html

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