The cost of the average data breach is zero.

ByClaudiu Popa

The cost of the average data breach is zero.

The real question is: what is the cost of the cover-up?

Step 1: try hard not to detect it

Step 2: if you find out about it, ignore it.

Step 3: if they force you to acknowledge it, deny it.

Step 4: if you have to comply with legislation, minimize and downplay it

Step 5: if it’s your fault, accuse the ‘supply chain’, or just about anyone else. Whistleblower?

Step 5: if you have to notify, work it into a marketing campaign. Donut? Coffee?

Cost of a data breach Report 2022 (ibm security ponemon):

The secret about the cost of a data breach. It is nearly ZERO

1. Cost to victims
2. Cost to companies

No detection / No information / No disclosure

https://www.ibm.com/downloads/cas/XZNDGZKA

https://www.upguard.com/blog/cost-of-data-breach#:~:text=In%202022%2C%20the%20average%20cost,is%20almost%20half%20this%20amount.

https://www.ibm.com/security/data-breach

Claudiu Popa is a public speaker, cybersecurity expert and passionate defender of privacy rights who engages audiences through storytelling and weaponizes academic courses, radio, television, podcasts, social media and the written word to fight for the vulnerable in society and catalyze positive social change in Canada.