28 October 2021 Kurt Haller

Compliance Factors Result in much Higher Data Breach Costs

Compliance failures was the top factor found to amplify data breach costs. Organisations with a high level of compliance failures (resulting in fines, penalties and lawsuits) experienced an average cost of a data breach of $5.65 million, compared to $3.35 million at organisations with low levels of compliance failures, a difference of $2.3 million or 51.1%.

#BeCompliantGetTheMeasure #VenariSecurity #compliance #regulatorycompliance #GDPR #MIFID #PCI #ETA #HIPAA #encryptedtrafficanalysis #encryptedtraffic #networksecurity #NTA #networktrafficanalysis #NTA #cybersecurity #enterprisesecurity #encryption #AI

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Compliance Factors Result in much Higher Data Breach Costs

Resources

Colt and Venari Security join forces to safeguard businesses against growing cyber threats

Encrypted Traffic Analysis: The Future of Network Analytics for CISOs

An investor view: What to consider when analysing the opportunity in volatile markets

Understand your encrypted communications

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