14 DAY TRIAL // Data Breach, the only two-word combination which can make a company's IT staff cry in unison.
These types of security incidents, while not as often encountered as SQL injections, CSRF flaws, XSS, or DDOS attacks, are usually the ones that hit a company's bottom line the hardest.
While usually data exfiltration is the first thing you'll think about when you hear data breach, companies usually interpret these two words as "marketing nightmare," "financial penalties," "legal inquiries," "lawsuits extravaganza," or "lost customers."
With an average estimated cost of $3.79 million / €3.31 million per incident, data breaches have the potential of wiping out companies off the market if their customers lose faith in them and move to other services.
Breaking down this sum for each document lost in a breach, this usually costs businesses $214 / €187 per lost file, with the most expensive files being in the healthcare sector, where due to the highly personal and sometimes quite complete set of user records lost in a breach, average losses can mount up to $360 / €315 per each stolen document.
The infographic seen below was created by Barricade, an Irish company focusing on security products for small to medium businesses. We've also featured some of their other infographics in the past, which provide insightful knowledge on how DDOS, XSS, and SQL Injection attacks work.
