Blog | G5 Cyber Security

Why lost data costs your business money

The average total cost of a data breach in the UK in 2017 is 2.48 million, with the average cost per lost or stolen record 98. With high profile data breaches happening pretty much every week it is fast becoming the norm and consumers are becoming ambivalent about it. The cost of repairing the effects of a breach is 10 times higher than preventing it in the first place. There needs to be a paradigm shift in security in all businesses and organisations, no matter the size.”]

Source: https://www.csoonline.com/article/3237662/the-true-cost-of-a-data-breach.html

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