home_banner `

Content Icon

Understand the Ramifications of a Data Breach

May 2, 2019 | Ask-An-Expert Writeups | Data Breaches | By Rebecca Herold, IANS Faculty

What's the best way to gauge the cost of a data breach to a financial services organization? In this Ask-an-Expert written response, IANS Faculty Rebecca Herold says it's important to consider common hard costs (direct, residual, etc.) in addition to softer, harder to measure impacts (e.g., brand damage and difficulty hiring). 


Already a client?

Log In to Continue

Not a client?

Request More Information

Related Research

Overview of the Three Biggest Data Breaches from 2016-2019

When looking at the three biggest data breaches of the last three years – Marriott 2018, Equifax 2017 and Yahoo! 2016 – an average of 257 million individuals were affected, costing an average of $347 million in legal fees, penalties and remediation costs. Stock prices dropped an average of 7.5 percent following public disclosure of each breach, resulting in an average $5.4 billion market cap loss.

IANS Vulnerability and Breach Update: Q4 2019

Vulnerabilities and breaches are mainstream news regularly. With a new vulnerability seemingly discovered daily, which should be taken more seriously (i.e., patch now!) and which are overhyped? In this quarterly research report, IANS Faculty Mike Saurbaugh updates clients on the top vulnerabilities and breaches from the past quarter and provides some real-world context and perspective.

Data Breaches: Cost Per Lost Record, By Industry

Health care organizations face the highest cost-per record when suffering a data breach ($429 per lost record). Finance, tech, pharmaceutical, services and energy are next on the list.

Technical Debt: What It Is and How to Measure It

The idea of technical debt has gone beyond software quality tradeoffs and now includes issues like platform decisions. In this Ask-an-Expert written response, IANS Faculty Richard Seiersen explains what technical debt is and offers some tips for measuring its impact.