DataBreaches.Net

Menu
  • About
  • Breach Notification Laws
  • Privacy Policy
  • Transparency Report
Menu

First-Ever Global Cost of a Data Breach Study Shows Organisations Paid USD3.43 million per Breach in 2009

Posted on April 28, 2010 by Dissent

Privacy and information management research firm Ponemon Institute, together with PGP Corporation, a global leader in trusted data protection, today announced the results of the first-ever global study into the costs incurred by organisations after experiencing a data breach. The 2009 Annual Study: Global Cost of a Data Breach report, compiled by The Ponemon Institute and sponsored by PGP Corporation, assesses the actual cost of activities resulting from more than one hundred real life breach incidents, affecting organisations from 18 different industry sectors.

The research shows that the average cost of a data breach globally stood at USD3.43 million last year, the equivalent of USD142 per compromised customer record. However, costs varied dramatically between regions, from USD204 per lost record in the U.S., down to USD98 per record in the UK. A total of 133 organisations, located in five countries – Australia, France, Germany, UK and U.S. – participated in the research, which was undertaken during 2009. The average costs of a data breach in all five countries were as follows….

See the full press release on PGP.

Andy Greenberg has some commentary on the study over on Forbes.

Category: Commentaries and Analyses

Post navigation

← (follow-up) Childs found guilty in SF network password case
Oklahoma legislature overrides veto on abortion laws (updated) →

Now more than ever

"Stand with Ukraine:" above raised hands. The illustration is in blue and yellow, the colors of Ukraine's flag.

Search

Browse by Categories

Recent Posts

  • A state forensics lab was leaking its files. Getting it locked down involved a number of people.
  • CoinMarketCap Hacked, Scrambles to Remove Malicious Wallet Verification Popup
  • Montana Attorney General launches investigation into Lee Enterprises data breach
  • AT&T gets preliminary approval for $177 million data breach settlement
  • Aflac notifies SEC of breach suspected to be work of Scattered Spider
  • Former JBLM soldier pleads guilty to attempting to share military secrets with China
  • No, the 16 billion credentials leak is not a new data breach — a wake-up call about fake news (Updated)
  • Tonga’s health system hit by cyberattack (1)
  • Russia Expert Falls Prey to Elite Hackers Disguised as US Officials
  • Proposed class action settlement in In re Netgain Technology litigation

No, You Can’t Buy a Post or an Interview

This site does not accept sponsored posts or link-back arrangements. Inquiries about either are ignored.

And despite what some trolls may try to claim: DataBreaches has never accepted even one dime to interview or report on anyone. Nor will DataBreaches ever pay anyone for data or to interview them.

Want to Get Our RSS Feed?

Grab it here:

https://databreaches.net/feed/

RSS Recent Posts on PogoWasRight.org

  • The Markup caught 4 more states sharing personal health data with Big Tech
  • Privacy in the Big Sky State: Montana’s Consumer Privacy Law Gets Amended
  • UK Passes Data Use and Access Regulation Bill
  • Officials defend Liberal bill that would force hospitals, banks, hotels to hand over data
  • US Judge Invalidates Biden Rule Protecting Privacy for Abortions
  • DOJ’s Data Security Program: Key Compliance Considerations for Impacted Entities
  • 23andMe fined £2.31 million for failing to protect UK users’ genetic data

Have a News Tip?

Email: Tips[at]DataBreaches.net

Signal: +1 516-776-7756

Contact Me

Email: info[at]databreaches.net

Mastodon: Infosec.Exchange/@PogoWasRight

Signal: +1 516-776-7756

DMCA Concern: dmca[at]databreaches.net
© 2009 – 2025 DataBreaches.net and DataBreaches LLC. All rights reserved.