Financial services suffer mostData breaches cost UK companies an average of £47 for every record lost.…
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282 days ago
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282 days ago
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http://www.theregister.co.uk/2008/02/25/data_breach_real_cost/By John OatesThe Register25th February 2008Data breaches cost UK companies an average of 47 for every record lost.This means the average cost to a company which suffers a data breach is 1.4m. The Ponemon Institute isn't pulling these figures out of the ether- it talked to 21 UK companies about how much actual data breaches cost them.>From a total of 47 per record, the cost from lost business in the wake of a data disaster is 36 per cent or 17
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187 days ago
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Time shift dances the light fantasticBoffins at the National Institute of Standards and Technology are trialling advanced optical techniques aimed at reducing the price of quantum cryptography systems.…
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84 days ago
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Send in the consultants!The disgruntled sysadmin accused of locking San Francisco out of its IT network may cost the city more than $1m in upgrades, consultants and repairs to undo the damage, according to the City's Department of Technology.…
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13 days ago
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How much is spam costing your company? Google unveiled a nifty little calculator Wednesday to help you add it up.
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Companies today realize the threats and consequences of data loss and by now most have some sort of data protection in place. But, many companies that were rushed into data protection by the fear of losing precious data may have been too quick to throw together a patchwork quilt of security software, which is now proving costly.
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