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What Is the Real Cost of a Breach?
Video

What Is the Real Cost of a Breach?

WSJ’s David Breg and Rob Sloan discuss how understanding the costs of a breach can help companies organize defenses and prioritize investments.

WSJ Video, 2020


Editorial Rating

8

Qualities

  • Scientific
  • Concrete Examples
  • Insider's Take

Recommendation

Data breaches are increasingly common, in all types and sizes of businesses. Attacks may prove inevitable over time, but expert research and preparation can result in less damage to bank accounts and company reputations. This Wall Street Journal video report cites the Ponemon [Institute]’s research regarding data protection and system security, along with information from other organizations that deeply evaluate breach costs.

Take-Aways

  • A data breach creates both direct and indirect costs.
  • Longer-term costs include lost revenue.
  • Damage to a company’s reputation proves one of the most elusive costs to determine.

About the Speaker

David Breg is senior research manager at Wall Street Journal Pro, where Rob Sloan is research director.


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