02.28.2012 Accessing the Financial Impact of a Data Breach

Just like an oil spill affects millions of people, so does a “data spill.” As the Gulf of Mexico oil spill cost BP $63 billion to clean-up, a “data spill” often costs a small business millions. In fact, a recent study showed 70% of small businesses that suffered a breach were out of business within the year.

A small breach of 1,000 records can result in:

• $204 – average cost per breach
• $2,004,000 – total cost
• Loss of productivity
• Loss of customer loyalty
• Legal costs
• Unfavorable media coverage

This webinar will cover the costs that come with a data breach and what a company can do today and ongoing to become 100% Payment Card Industry Data Security Standard (PCI DSS) compliant. It will show steps your company can take today and ongoing to prevent from becoming another statistic.

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• data breach
• pci compliance