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U.S. Data Breach Costs Still Increasing, Ponemon Survey Reports

The cost of U.S. data breaches continues to rise, according to a Ponemon Institute survey, reaching an average cost of $ 7.2 million in 2010, up 7 percent from $ 6.8 million the previous year. The cost has increased every year since the first was released in 2006. That broke down to $ 214 per record, up from $ 204 the previous year, according to the sixth annual “U.S. Cost of a Data Breach” report, sponsored by Symantec.
Network Computing

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