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Wednesday, June 07, 2006

Cleaning up Data Breach Cost 15X More Than Encryption

Protecting customer records is a magnitude less expensive than paying for cleanup after a data breach or massive records loss, a research company said Gartner analyst Avivah Litan said in a research note that data protection is cheaper than a data breach.

“A company with at least 10,000 accounts to protect can spend, in the first year, as little as $6 per customer account for just data encryption, or as much as $16 per customer account for data encryption, host-based intrusion prevention, and strong security audits combined,” Litan said in an accompanying statement.

Litan recommended encryption as the first step enterprises and government agencies should take to protect customer/citizen data.

http://www.darkreading.com/document.asp?doc_id=96671&WT.svl=cmpnews1_2

Posted on 06/07
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