Cost of a Breach and implications

Caute_cautim — Mon, 27 Jun 2022 20:57:29 GMT

Hi All

An interesting report, which was analysed by a guest author:

"A new report from the Department for Culture, Media, and Sport (DCMS) has revealed that data breaches have become more costly for medium and large businesses in the UK. The report shows how medium-sized and large firms lost an average of £19,400 in 2021. This is an increase on 2020 where the reported number was £13,400. Interestingly, when we consider businesses of all sizes, the amount dropped to £4,200. This is a significant decrease from £8,460 in 2020."

https://www.tripwire.com/state-of-security/security-data-protection/actual-cost-breach-reputation-loss-customers-fines-suspension-business/

Regards

Caute_Cautim

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Cost of a Breach and implications