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Data Breach Business Impact

  • Of 2,000 surveyed, 76% said that they would not frequent a business with a high record of data security breaches.1
  • Studies show that it takes 46 days, on average, to resolve a cyber-attack at a rate of approximately $21,155 per day.2
  • 39% of businesses that experienced an online attack reported that they lost more than 20% of their customer base.3
  • On average, a data breach costs $225 per person in the United States.4
  • Companies that identified a data breach in less than 100 days lost $2.8M. The cost rose to $3.83M after 100 days.5



Sources

1 Secureworks, “Ten Reasons Average Data Breach Costs $7 Million”, 2016
Ibid
3 Cisco, “2017 Annual Cybersecurity Report”, 2017
4 Ponemon Institute, “2017 Cost of Data Breach Study: Global Overview,” 2017
5 Ibid

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