Original Source: Ponemon Institute
IBM Security and Ponemon Institute are pleased to release the 2017 Cost of Data Breach Study: Global Overview. According to our research, the average total cost of data breach for the 419 companies participating in this research decreased from $4.00 to $3.62 million. The average cost for each lost or stolen record containing sensitive and confidential information also significantly decreased from $158 in 2016 to $141 in this year’s study. However, despite the decline in the overall cost, companies in this year’s study are having larger breaches. The average size of the data breaches in this research increased 1.8 percent…
Contributors: Open SourceCategories: SIG U Resource, Whitepaper
SRC Type: Risk Management, Sourcing Management, Third Party Management