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Why data breach costs are really going down

Posted on November 9, 2010 by Dissent

Rafael Ruffolo reports:

A new study by Telus Corp. reveals that while Canadian organizations reported 29 per cent more data breaches in 2010 versus the previous year, the annual cost of these security issues has dropped substantially.

The telecom giant’s report, which polled 500 business and IT professionals, was part of a joint study with the University of Toronto’s Rotman School of Management. The report found that breaches were up almost 30 per cent year-over-year, largely because of a doubling in reported incidents at government agencies.

Read more on it World Canada.

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