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Yahoo shows that breach impacts can go far beyond remediation expenses

Discussion in 'CSO' started by RSS, Oct 13, 2016.

  1. RSS

    RSS New Member Member

    Companies that focus on the immediate breach remediation costs may be missing the big picture, and could be under-investing in security as a result.

    Several studies have come out recently trying to get a handle on the total costs of a data breach, with a large variation in costs - from less than $1 million on average, to $6 million - based on the data sets and types of included costs.

    But the actual numbers could be several times higher.

    Take the Yahoo breach, for example, which could lead to a $1 billion drop in the company's value.

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