The True Cost of Data Breaches - Not Just a Dollar per Record
When an organization suffers a data breach, a number of challenges, impacts, and business decisions contribute to the total of all the associated costs. The scope extends beyond a fixed dollar-per-stolen-record calculation, as it invariably includes expenditures for new security measures, legal fees, third-party forensic services, changes to business processes, as well as a loss of reputation and customer goodwill.
There is a complex set of chain reactions which occur after every significant data breach, each adding its own contribution to the overall cost and business impact.
In this session we'll discuss some real-world experiences regarding data breaches, how the costs exceed the typical dollar-per-record measure, and how organizations are adapting to learn from their experiences. We will also examine what the future holds, as attackers adapt and shift towards new data manipulation methods.
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