the data breach headache

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What is a Data Breach?

A data breach is a security occurrence where data is gotten to without approval. Data breaches can hurt organizations and customers in many ways. They are an exorbitant cost that can harm lives and reputation. As innovation advances, increasingly more of our data has been moving to the computerized world.

According to the Ponemon institute the Global average cost of a data breach is $3.86 million, for the Middle East this is $6.52 million. A staggering 69% increase compared to the rest of the world.

Means by which a data breach can occur:

  • Malicious Insider – This individual intentionally gets to as well as offers information with the idea of hurting an individual or organization. They may have genuine approval to utilize the information, however they abuse this trust and access to misuse the data.
  • Lost or Stolen Devices – A decoded and opened PC or outer hard drive — anything that contains sensitive data — disappears.
  • Mischievous Outside Criminals – These are people who utilize different assault methods to steal data from an organization or a person.

Facts & Figures

Main Root Causes for Data Breaches

Average Cost of Data Breach by Root Cause

Breakdown of Data Breach caused by Malicious Attacks

Average Cost and Frequency of Data Breach caused by Malicious Attacks

Average Total Cost of Data Breach by Region

Percentage Change in Average Total Cost by Region

Average Total Cost of Data Breach by Industry

Scary isn't it?

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