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Ponemon: Data breach costs now average $154 per record

Discussion in 'CSO' started by RSS, May 27, 2015.

  1. RSS

    RSS New Member Member

    According to a report released this morning by IBM and the Ponemon Institute, the per-record cost of a data breach reached $154 this year, up 12 percent from $145 in 2014.

    In addition, the average total cost of a single data breach rose 23 percent to $3.79 million.

    This is a dramatically different result then Verizon's 58 cents per average record breached estimate which came out last month.

    Verizon's calculation, which was part of their annual data breach investigations report, was based on 191 cyber insurance claims.

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