The cost per customer record in a data breach increased $10 over the 2009 average to $214 per customer record compromised in a data breach, which is $12 more than the 2008 average of $202 per customer record. The Poneman Institute, which conducts independent research on privacy, data protection and information security policy, released its sixth Annual Study: U.S. Cost of Data Breach, declaring that the average cost per compromised customer record rose to $214. The report is sponsored by Symantec Corporation. Excellent materials such as an infographic, summaries, blog entries, a podcast and slide presentation were also published in connection with the Annual Study.
Continue Reading Doing the Math: Average Data Breach Cost Now Up to $214 Per Record