NY 2006, PGP Corporation, Vontu, Inc, and The Ponemon Institute, a privacy and information management research firm, released the 2006 Annual Study: Cost of a Data Breach. According to the Privacy Rights Clearinghouse, more than 330 data loss incidents involving more than 93 million individual records have occurred since February 2005. According to the study’s 2006 findings, data breaches cost companies an average of $182 per compromised record, a 31 percent increase over 2005.