The report is based on the data breach experiences of 49 U.S. companies from 14 different industry sectors. Additional key findings include:
• Organizations that employ a chief information security officer with enterprise-wide responsibility for data protection can reduce the cost of a data breach by 35 percent per compromised record.
• Taking steps to keep customers loyal and repair any damage to reputation and brand can help reduce the cost of a data breach.
For more information on the report and its findings, click here.
More Articles on Data Breaches:
5 Steps to Estimate Potential Costs of a Data Breach
Report Provides Characteristics of Data Breach Vulnerability
IU Health Goshen Data Breach Affects 12k Job Applicants
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