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Sep 15, 2015
The High Cost of Security Breaches
2014 has been dubbed the “Year of the Data Breach” with millions of records containing personally identifiable information and credit and debit card data siphoned off by cybercriminals. The effect this has on the individuals whose identity, money, or medical records have been taken can be devastating, but what is the impact on the organization whose security defenses failed to keep intruders out?
Fifteen percent of the 435 respondents to our InformationWeek/Dark Reading 2015 Strategic Security Survey suffered a targeted breach or compromise. Fifteen percent of respondents who had a breach or compromise estimated the cost of that breach at between $500,000 and a $1 million, with 6% putting the figure at $5 million or more.
Get all the insight in 2015 Strategic Security Report.