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

IANS Vulnerability and Breach Update: Q2 2020

In this quarterly research report, IANS updates clients on the top vulnerabilities and breaches from the past quarter and provides some real-world context and perspective.

2019 Global Data Breach Trends

In 2019, 86% of breaches were financially motivated, 43% involved web applications, and 37% stole or used credentials. More than a quarter (27%) of malware incidents involved ransomware, and 22% of breaches involved phishing.

Cybersecurity Market Projected to Grow at 9% CAGR Through 2023

Cybersecurity spending could reach $188.5 billion by 2023, up from $124 billion in 2018. Half of that spending will go towards security services, followed by infrastructure protection.

Overview of Growth in Cybersecurity Deals, Investments 2009-2019

The number of deals and VC investment in IT security has grown steadily since 2009, from fewer than 100 deals a decade ago, to about 550 deals in 2019.