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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