Data breaches cost companies $3.86 million per breach on average, and compromised employee accounts are the most expensive root cause.
Based on in-depth analysis of data breaches experienced by over 500 organizations worldwide, 80% of these incidents resulted in the exposure of customers’ personally identifiable information (PII). Out of all types of data exposed in these breaches, customer PII was also the costliest to businesses.
As companies are increasingly accessing sensitive data via new remote work and cloud-based business operations, the report sheds light on the financial losses that organizations can suffer if this data is compromised.
Conducted by the Ponemon Institute, the 2020 Cost of a Data Breach Report is based on in-depth interviews with more th ..
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