Data Breach Information

In the recent wake of the latest data breach that occurred at Home Depot, I decided to look into some of the statistics that are out there regarding these events.  I found some very shocking and interesting data at the link below which was posted on IBM's site.

Visit this article: http://www-935.ibm.com/services/us/en/it-services/security-services/data-breach/

The first stat that pops out right at the time is that in 2013 there were 1.5 million cyber attacks in the U.S. alone!  That is incredible.  There are links to some reports that provide further information about different aspects of security and information security. Some of these, however, require a fee which I was not willing to look into.

One of the study's that was available at the site revealed the following findings:

• The cost of a data breach is on the rise. Most countries saw an uptick in both in the cost per stolen or lost record and in the average total cost of a breach.
• Fewer customers remain loyal after a breach, particularly in the financial services industry.
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• For many countries, malicious or criminal attacks have taken the top spot as the root cause of the data breaches experienced by participating companies.
• For the first time, the research reveals that having business continuity management involved in the remediation of a breach can help reduce the cost.