Shore up your data breach detection skills

A lapse in cyber-security can be costly in terms of money, time, and reputation. Swift detection can head off worse problems.

Costs in time and money

• 191: Average days to identify a data breach

• 66: Average days to contain a data breach

• $225: Average cost per record of a data breach in the United States – $225 per capita

Source: Ponemon Institute Research Report, 2017 Cost of Data Breach Study.

Professionals at risk

• 58% of victims of data breaches were categorized as small businesses.

• 68% of breaches took months or longer to discover.

• 60% of breaches for the Professional Services industry were discovered by an external party.

• The Professional Services industry is the 4th most common industry to be targeted by social breaches (phishing/pretexting).

Source: Verizon, 2018 Data Breach Investigations Report.

Top 3 factors that help reduce the cost of a data breach:

• Having an incident response team.

• Extensive use of encryption.

• Employee training.

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