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Average Cost of Computer Breach is $3.79 Million

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Data Breach

 

SAN FRANCISCO (USA Today) – The average cost of a computer breach at large companies globally was $3.79 million, a survey released Wednesday found. For U.S.-based companies, the average cost was much higher, $6.5 million.

The survey was conducted by the Ponemon Institute, a security research center, in conjunction with IBM. It surveyed 350 companies in 11 countries that had experienced a data breach, mostly in 2014. In the United States, 62 companies participated in the survey.

“The cost of a data breach, both the total organization cost as well as the cost per compromised record, increased substantially,” said Larry Ponemon, chair of the institute.

Globally it has risen 23% since 2013. In the United States it’s up 11%.

The average cost per lost or stolen record in the United States was $217. Globally the cost was $154.

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Oakland Post: Week of November 13 – 19, 2024

The printed Weekly Edition of the Oakland Post: Week of November 13 – 19, 2024

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LIVE! — TOWN HALL ON RACISM AND ITS IMPACT — THURS. 11.14.24 5PM PST

Join us for a LIVE Virtual Town Hall on the Impact of Racism hosted by Post News Group Journalist Carla Thomas and featuring Oakland, CA NAACP President Cynthia Adams & other Special Guests.
Thursday, November 14, 2024, 5 p.m. – 6:30 p.m. PST

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Join us for a LIVE Virtual Town Hall on the Impact of Racism hosted by Post News Group Journalist Carla Thomas and featuring Oakland, CA NAACP President Cynthia Adams & other Special Guests.
Thursday, November 14, 2024
5 p.m. – 6:30 p.m. PST

Discussion Topics:
• Since the pandemic, what battles have the NAACP fought nationally, and how have they impacted us locally?
• What trends are you seeing concerning Racism? Is it more covert or overt?
• What are the top 5 issues resulting from racism in our communities?
• How do racial and other types of discrimination impact local communities?
• What are the most effective ways our community can combat racism and hate?

Your questions and comments will be shared LIVE with the moderators and viewers during the broadcast.

STREAMED LIVE!
FACEBOOK: facebook.com/PostNewsGroup
YOUTUBE: youtube.com/blackpressusatv
X: twitter.com/blackpressusa

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Oakland Post: Week of November 6 – 12, 2024

The printed Weekly Edition of the Oakland Post: Week of November 6 – 12, 2024

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