Robert Halsey
Apr. 16, 2009
The Real Cost of Data Breach (It’s more than you think—and you’re more at risk than you know.)
Confusion. Denial. Plain old wishful thinking. That’s what we hear when we talk to people about the real cost of data breach. Whether you’re an ISO, an acquirer, or a merchant, maybe you’ve even said (or at least thought) some of these things yourself...
Unfortunately, that’s just the kind of thinking that gets businesses into trouble—the kind of trouble that all too often ends in bankruptcy. (And that’s not media hype—the U.S. National Archives & Records Administration reports 50% of businesses that lose their critical data for 10 days or more have to file for bankruptcy immediately.)
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Unfortunately, that’s just the kind of thinking that gets businesses into trouble—the kind of trouble that all too often ends in bankruptcy. (And that’s not media hype—the U.S. National Archives & Records Administration reports 50% of businesses that lose their critical data for 10 days or more have to file for bankruptcy immediately.)
Read more...
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