Ponemon Institute study: Noncompliance costs organizations 2.65 times more than meeting compliance rules does. Meeting compliance costs on average $3.5 million, while noncompliance can add up to around $9.4 million in costs. Data protection and incident response management incurred the biggest bills, the report says. The more you spend on compliance relative to the IT budget overall, the less your noncompliance costs, it says. None of the organizations in the study were free from getting hit by breaches, Tripwire’s executive says.”]
Source: https://www.darkreading.com/analytics/report-noncompliance-much-more-costly-than-compliance