Data Breach Costs For US Companies

When corporations are attacked, the costs are tremendous and rising fast.

This year, U.S. companies will spend more than $130 billion as a result of data breaches, according to the Ponemon Institute, a cybersecurity research organization. That's more than triple what companies spent combating breaches in 2006.

"The ability of bad guys to enter, steal, exit and do it in a way that's undetectable is rising," said Larry Ponemon, chairman of the Ponemon Institute. "It's a big problem and it is getting worse."


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