Report: U.S. Breach Costs Dwarf Other Industrialized Countries
Friday, April 30th, 2010The cost of a data breach is highest in the United States, according to a Ponemon Institute study that looked at 133 breaches in five industrialized countries.
U.S. breaches cost .75 million on average, or almost twice the next highest average expense, .44 million in Germany. In the U.K., France, and Australia, costs averaged .57 million, .53 million, and .83 million respectively.