Monday, February 25, 2008

UK: Data breaches cost £47 per record

The average cost of a data breach is £47 per record, and the bulk of that cost is from lost business, according to new research.

The study, by the Ponemon Institute and sponsored by Symantec and PGP Corporation, contacted every UK company known to have suffered a data breach in the past year. Some 21 organisations across eight sectors replied.

It's the first time the institute has done the study in the UK, after three annual surveys in the US.

Source - IT Pro

Related - UPDATED: Data thefts and losses in the UK - Timeline

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