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BizReport : White Papers : IT - Security

Lost Customer Information: What Does a Data Breach Cost Companies?

Regulations in more than 30 states require that customers be notified if confidential information has been lost, stolen, or compromised. The repercussions can be staggering, and so can the costs. This national survey from the Ponemon Institute covers total costs (an average $14 million per company), with breakdowns for direct, indirect, and opportunity costs. See how costs break down, both per industry and per cost center—and learn preventative steps your organization can take.

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