{"id":1902,"date":"2006-10-24T00:00:00","date_gmt":"2006-10-24T00:00:00","guid":{"rendered":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/2006\/10\/24\/ponemon-report-shows-sharp-rise-in-the-cost-of-data-breaches\/"},"modified":"2021-12-30T11:40:16","modified_gmt":"2021-12-30T11:40:16","slug":"ponemon-report-shows-sharp-rise-in-the-cost-of-data-breaches","status":"publish","type":"post","link":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/2006\/10\/24\/ponemon-report-shows-sharp-rise-in-the-cost-of-data-breaches\/","title":{"rendered":"Ponemon Report Shows Sharp Rise in the Cost of Data Breaches"},"content":{"rendered":"<p>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&#8217;s 2006 findings, data breaches cost companies an average of $182 per compromised record, a 31 percent increase over 2005.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ponemon Institute analyzed 31 different incidents for the study.<\/p>\n<p>Total costs for each ranged from less than $1 million to more than $22 million.<\/p>\n<p>&#8220;Once again, the Ponemon survey illuminates the high costs companies will incur for failing to protecting their customers&#8217; data,&#8221; said Andrew Krcik, vice president of marketing for PGP Corporation.  &#8220;In light of these findings, it&#8217;s not surprising that companies such as PGP Corporation and Vontu are seeing an increasing shift to preventative solutions.&#8221;<\/p>\n<p>&#8220;The new Ponemon study confirms what we hear every day from our enterprise customers, that they simply cannot afford to allow confidential data loss to continue,&#8221; said Steve Roop, vice president of products and marketing, Vontu.<\/p>\n<p>http:\/\/www.prnewswire.com\/cgi-bin\/stories.pl?ACCT=104&#038;STORY=\/www\/story\/10-23-2006\/0004456875&#038;EDATE=<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[],"class_list":["post-1902","post","type-post","status-publish","format-standard","hentry","category-statistics"],"_links":{"self":[{"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/1902","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/comments?post=1902"}],"version-history":[{"count":1,"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/1902\/revisions"}],"predecessor-version":[{"id":4389,"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/1902\/revisions\/4389"}],"wp:attachment":[{"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/media?parent=1902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/categories?post=1902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/tags?post=1902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}