U.S. Cost of a Data Breach - 2010 Annual Study

U.S. Cost of a Data Breach - 2010 Annual Study

The Ponemon Institute has released the 2010 U.S. Cost of a Data Breach, the sixth annual study concerning the cost of data breach incidents for U.S.-based companies.
Sponsored by Symantec, the report takes into account a wide range of business costs, including expense outlays for detection, escalation, notification, and after-the-fact (ex-post) response. Also analyze the economic impact of lost or diminished customer trust and confidence as measured by customer turnover, or churn, rates.

The average cost of a data breach at a U.S. organization in 2010 was $7.2 million.

Overall Trends:
- Breach costs directly reflect IT security best practices and threat trends;
- For the fifth year in a row, data breach costs have continued to rise;
- Customer turnover in direct response to breaches remains the main driver of data breach costs;
- Training and awareness programs remain the most popular post-breach remedies, but encryption and other technologies are gaining fast.

The report is available here:

mercoledì 6 luglio 2011

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