The costs and negative impact of a data breach span a wide range of both short and long term costs; security leaders must be actively involved in developing a strategic plan that calculates the costs of a data breach unique to their organisation and addresses ways to mitigate the potential risk.
Determining the True Costs of a Data Breach discusses:
- The current state of breaches, as observed and recorded by industry experts
- The short-term and more complicated and difficult to calculate longer-term costs
- The 6 steps and tips for determining and reducing the costs of a data breach
Once you understand the costs of a breach, you can mitigate the overall impact of tangible and intangible effects on the organisation.