The insurance company Darwin has created a nice tool for calculating the cost of a data breach based on the number of records exposed.

Tech 404 - Data Breach Calculator

Using last month’s incident at Naval Hospital Pensacola as an example, a hospital covered by HIPAA that exposes 38,000 records may be looking at a total data breach cost of around $6 Million.  Encryption technology for laptops, thumbdrives and other portable devices seems like a bargain in comparison.

Data Security, Healthcare, Portable Storage