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sponsored by Symantec Corporation
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Posted:
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24 Sep 2008
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Published:
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24 Sep 2008
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Format:
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PDF
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Length:
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26
Page(s)
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Type:
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White Paper
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Language:
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English
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ABSTRACT:
This Ponemon Institute, LLC benchmark survey explains the actual costs incurred by 35 U.S. organizations that lost confidential information and had a regulatory requirement to publicly notify affected individuals.
The survey reveals:
- Trust may be intangible and hard to quantify, but the result of breaking that trust is clear as the cost of lost business grew more than 30 percent since 2006.
- Given both the rise in incidents where third parties are responsible and the widening cost disparity between in-house and third-party breaches, organizations should closely evaluate the enterprise data protection policies and systems used with and by third-party outsourcers or consultants.
- Organizations that have built their brand on trust have more to lose from a data breach - demonstrated by the 21 percent higher costs for financial services compared to an average breach.
- Encryption and data loss prevention solutions top the list of most-frequently named post-breach technology measures being deployed to help avert a future data breach.
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BROWSE RELATED
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sponsored by Symantec Corporation
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