Security intrusions are becoming more costly for enterprises, according to a recent study by Ponemon Institute. The average consolidated total cost of a data breach rose 15 percent in the last year to $3.5 million, according to the institute’s ninth annual “Cost of Data Breach Study: Global Analysis,” sponsored by IBM.
The study of 314 companies in 10 countries also found that the cost incurred for each lost or stolen record containing sensitive and confidential information increased more than 9 percent to a consolidated average of $145.
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