Data breaches are increasingly common, in all types and sizes of businesses. Attacks may prove inevitable over time, but expert research and preparation can result in less damage to bank accounts and company reputations. This Wall Street Journal video report cites the Ponemon [Institute]’s research regarding data protection and system security, along with information from other organizations that deeply evaluate breach costs.
About the Speaker
David Breg is senior research manager at Wall Street Journal Pro, where Rob Sloan is research director.
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Hack-proof your life and safeguard your work with these simple cybersecurity habits. In 2021, Ponemon Institute pegged the average cost of a company data hack at $4.24 million, with lost business the largest contributing factor. Breaches increased by 10% worldwide since 2014, whereas ransomware attacks increased more rapidly. Government fines per record breached can add […]