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Data Breach Costs Drop But Number of Malicious Attacks Increases

Posted on Wednesday, March 21, 2012 in General Blog Posts, News, Security/Managed IT, Equipment, Miscellaneous

The seventh annual US Cost of a Data Breach report, conducted by Ponemon Institute and Symantec Research, shows that the cost of individual data breaches is actually decreasing. And, not just by a small amount.

The average cost of a breach dropped a whopping 24% from $7.2 million in 2010 to $5.5 million in 2011

This is the first time that researchers have ever seen a decline.

 

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