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:
Medical College of Georgia Hospital Data Breach Affects 513 Patients
Kern Medical Center in California Loses 1,500 Patient Records
St. Joseph Health System Data Breach Affects More Than 31k Patients