- $6.5m is the average total cost of data breach
- 11% increase in total cost compared to last year
- $217 is the average cost per lost or stolen record (up 8%)
- Malicious or criminal attacks continue to be the primary cause of breach, and these were also the most costly breaches.
The latest round up of regulatory news from the Datonomy blogging team at Olswang LLP. Reports and statistics The Ponemon institute has published its 10th annual benchmarking study into the Cost of Data Breach for the US. Headline statistics, which drew on a sample of 62 US companies in 16 sectors, include the following: