The Climbing Cost of Data Breaches

Erik Bernstein data breach Leave a Comment

Coping with a now-common crisis is more pricey than ever

Whether you’re prepared or not, you will spend money and lose reputation when your data is exposed. The question is, will it be the minimum you could have paid, or will you join the ranks of those helping to push the rising average expense up?

If you’re not already steeling your organization against a data breach perhaps this infographic from Transaction Network Services will help convince you to get started:

infographic-data-breach-costs-on-the-rise-september-2015-1-1024

Preventing what you can is a must, but hackers have demonstrated their ability to penetrate even the most secure systems given enough time and motivation. Prepare for the likelihood of your organization’s data being breached and you’ll be in a position to mitigate the damage, keeping costs down and your reputation secure.

The BCM Blogging Team
www.bernsteincrisismanagement.com

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