Cost of a Data Breach
Bill Gardner Marshall University, Huntington, WV, USA
Abstract
Data breaches cost money. In some cases, the cost of a data breach is so large that it can put a company out of business. The cost of data breaches results from industry and regulatory fines such as HIPAA/HITECH and PCI DSS. Other costs result from lost of business, state notification laws, and fixing the security issues that lead to the breach. Organizations that track cost related to data breaches include the Ponemon Institute, Symantec, and Verizon.
Keywords
Ponemon Institute
Breach Notification Laws
HIPAA/HITECH
PCI DSS
Costs
Ponemon Institute
There are a number of institutions that track information related to the cost of data breaches, ...
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