With the many recent -- and well publicized -- data intrusions in the news as of late, you may be wondering how detrimental a potential breach would be to your business' bottom-line.

When doing research on data breaches as an expense today, you'll come across a number of confusing and often conflicting reports and numbers. Just as the attacks themselves are uniquely executed and characterized, so too are the expenses incurred by the compromised organization. Ponemon Institute's 2015 Cost of Data Breach Study reports that the average cost of a corporate-level attack was $3.8 million in 2014, nearly 25% higher than the year prior. Additionally, they found that businesses can expect to pay, on average, $154 per sensitive or confidential record stolen. Verizon, on the other hand, predicts in their 2015 Data Breach Investigations Report, with 90% certainty, that an organization will spend between $52,000 and $87,000 on one thousand stolen records based off findings from insurance claims within the last year. 

Regardless of the figure, a data breach is something no business wants to endure. Not only is there a significant price tag attached to the compromised data, but the hit to your organization's reputation and market share can cause a prolonged financial impact. 

To ensure your organization is taking the proper steps to mitigate your risk of an attack, head over to our blog to read the 8 BASIC QUESTIONS TO GAUGE YOUR OVERALL SECURITY LEVEL. 

Bottom line: You don't want to be another statistic covered in next year's data breach cost reports; protect your bottom-line by making data protection
a key objective within your business strategy.

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