The cost of a cloud breach is significantly going up Arrow to Content

Securing the cloud in a proactive manner has never been more important. The cost of fixing breaches is going up significantly. Cyber security not only is a critical initiative to protect brand equity but not investing in it now seriously dents the bottom line. A 2013 study from the Ponemon Institute pens the average cost of response at over 3 million dollars in its study participants. That’s over a 15% increase over last year. Costs vary my country with maturer markets like the United States and Germany reporting higher per record breach costs.

Over 1700 executives were quizzed for the study.

You can find this still extremely relevant study below. It’s informative and interesting throughout:

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