[ Wednesday, March 09, 2011 ]
Average Cost of a Data Breach:
The average cost of a data breach for a US company continues to rise
. For 2010, US companies that suffered a data breach spent on average $7.2 MILLION due to the breach. Interestingly, companies that reported quickly actually spent more. But don't let that confuse you -- if the breach is a HIPAA breach, you've got an obligation to act quickly. This report deals with all kinds of data breaches, not just HIPAA breaches.
Jeff [11:44 AM]
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