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Average Cost of a Data Breach is $202 Per Record

Ponemon Institute’s Cost of Data Breach study shows 2.3% increase over 2007. Lost business now accounts for 69% of data breach costs, up from 65% in 2007 and 54% in 2006 study. Breaches by third-party organizations such as outsourcers, contractors, consultants, and business partners were reported by 44% of respondents. Per victim cost for third party flubs is $52 higher, says Ponemon — $231 compared to last year’s $179.”]

Source: https://www.fraudtoday.io/average-cost-data-breach-202-per-record-a-1188

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