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.
To read this article in full or to leave a comment, please click here
