LT Panel
RT Panel
Just Visiting
Sunday | December 17, 2017
Popular Review Links:
Costs rise on data breach fallout

Costs rise on data breach fallout

Security breaches, in which firms lose data by malice or neglect, are costing more to deal with, suggests a report.

The average data breach costs UK firms about £1.9m annually, found the report from security firm Symantec.

The expenses are generated by clearing up after breaches, loss of clients and rebuilding trust with customers.

The costs have gone up for the third year running as the number of attacks rises and regulators push firms to keep defences up to date.

The biggest incident logged in the report cost the firm involved about £6.2m, a leap of £2.3m from the biggest incident in 2009.

System failures, of both policies and technology, accounted for the biggest proportion, 37%, of all cases sampled for the report which was written with the aid of the Ponemon Institute.

Read More/Source: BBC News

About Author

MIG-31

It appears you have AdBlocking activated

Unfortunately AdBlockers interfere with the shopping cart process

To continue with the payment process can we ask you to

deactivate your AdBlocking plugin

or to whitelist this site. Then refresh the page

We thank you for your understanding


Hardwareheaven respect you right to employ plugins such as AdBlocker.
We would however ask you to consider whitelisting this site
We do not allow intrusive advertising and all our sponsors supply items
relevant to the content on the site.

Hardwareheaven Webmaster

visited