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.