What is the Cost of a Data Breach?

//What is the Cost of a Data Breach?

What is the Cost of a Data Breach?

To help illustrate the true cost of a data breach, we at Shredbin™ have developed this info graphic. Some examples of potential attacks include but are not limited to: Malicious or Criminal Attacks, System Glitches, and Human Errors. The sources of these breaches may be dissimilar, however, all affected businesses incur not only financial damages but are also exposed to injured reputations, loss of customers,  employee turnover, and diminished goodwill.

 

 

As exhibited, in 2017 data breaches cost American companies over 4 million dollars. On average, a data breach incident compromises over 15,000 records. At an average cost of $217 per record, it is clear to see how truly disastrous an attack such as this could be to YOUR BUSINESS. For more information or a quote on how Shredbin can help secure and protect your business please call 1-800-633-3650 or visit us at www.shredbin.com for more information!

 

 

  1. Ponemon Institute LLC, Research Department. “Cost of Data breach Study”. Traverse City, Michigan. June 2017. (Web). FEB 10,2018. “https://www.ibm.com/security/data-breach”
  2. Weisbaum, Herb, “www.nbcnews.com”. The ConsumerMan, JUL 24 2017. (Web). FEB 12 2018. “https://www.nbcnews.com/business/consumer/data-breaches-happening-record-pace-report-finds-n785881”
By | 2018-02-15T16:11:56+00:00 February 15th, 2018|Security|0 Comments

About the Author:

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David Radke graduated from Florida State University in 2008 with a B.S. in English and a minor in Digital Design. He is Media Director for Shredbin and also the owner/operator of Skewer Media, LLC. He currently lives in Tallahassee, FL with his wife and twin sons.

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