Average Cost Of Data Breaches Rises Past $4 Million, Ponemon Says
Ponemon annual report shows benchmark index on the rise again, while Deloitte advises those tangible costs may be just the start to financial impact racked up by breached organizations.
"What does a cyberattack really cost? Regulatory fines, public relations costs, breach notification and protection costs, and other consequences of large-scale data breaches are well-understood. But the effects of a cyberattack can ripple for years, resulting in a wide range of “hidden” costs—many of which are intangible impacts tied to reputation damage, operational disruption or loss of proprietary information or other strategic assets." – Deloitte