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Data Breach Damages

July 27th, 2010

Dark Reading reports on two new data breach studies, the Ponemon Institute’s Cost of Cyber Crime Study and a Digital Forensics Association report called The Leaking Vault.

Organizations are getting hit by at least one successful attack per week, and the annualized cost to their bottom lines from the attacks ranged from $1 million to $53 million per year, according to a newly published benchmark study of 45 U.S. organizations hit by data breaches.

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