ZDNet: We're told data breaches cost millions on average -- but this security study disagrees

/Home/Internet Security: Articles/Internet Security: ZDNet/ZDNet: 2016

New research suggests that the average cost of data breaches is lower than many estimates and too low to drive greater investment in cybersecurity.

By Liam Tung
September 23, 2016

Far from running into millions, the average cost of a data breach is less than $200,000, or roughly what firms are spending on IT security systems, according to a study from non-profit thinktank RAND.

Click the URL above to read the full article