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Cost slides

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    Cost slides Cost slides Presentation Transcript

    • Just the facts
      How much will a data security breach cost my company?
      ©Gazzang, Inc. 2011
    • Overview
      These slides are a compilation of useful, interesting, and scary facts about data security breaches. They outline what the research shows are the actual dollar costs related to a data breach, as well as consider some insight into non-quantifiable costs you may or may not have considered.
      7/18/2011
    • Facts
      Average cost of a data breach is $7.2 million - up 7% from 2009
      Average cost per record is $214 - up 5% from 2009
      Small businesses with between 11-100 employees are the overwhelming majority of attacks
      Data shows the cost of a breach is directly related to the company’s attitude toward IT security and implementation of best practices
      7/18/2011
    • Facts
      96% of hacks were avoidable with minor tweaks to controls or little added security
      $4.5 million of the total costs are related to lost revenue, over 62%
      92% of data breaches were initiated externally
      17% of breaches involved an insiders
      7/18/2011
    • Facts
      The US Secret Service investigated more than 760 breaches in 2010
      76% of compromised data was taken from servers
      89% subject to PCI regulations were not in compliance at the time of the hack
      Cost of non-compliance is 2.65x higher than compliance
      7/18/2011
    • Facts
      7/18/2011
    • Sources
      The information comes from two sources.
      The Ponemon Institute seems to be the accepted authority in the data security space.
      Another interesting study is the Verizon Data Breach Investigations Report.
      7/18/2011
    • Contact Information / Resources
      White Paper
      More about Gazzang- www.gazzang.com
      For more information - info@gazzang.com
      7/18/2011