{"id":1932,"date":"2008-02-26T00:00:00","date_gmt":"2008-02-26T00:00:00","guid":{"rendered":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/2008\/02\/26\/how-much-does-a-data-breach-cost-uk-companies\/"},"modified":"2021-12-30T11:40:19","modified_gmt":"2021-12-30T11:40:19","slug":"how-much-does-a-data-breach-cost-uk-companies","status":"publish","type":"post","link":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/2008\/02\/26\/how-much-does-a-data-breach-cost-uk-companies\/","title":{"rendered":"How much does a data breach cost UK companies?"},"content":{"rendered":"<p>Data breaches cost UK companies an average of 47 for every record lost.   This means the average cost to a company which suffers a data breach is 1.4m.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ponemon Institute isn&#8217;t pulling these figures out of the ether &#8211; it talked to 21 UK companies about how much actual data breaches cost them.<\/p>\n<p>Customer expectations of trust mean they also suffer a higher cost of lost business.<\/p>\n<p>Phillip Dunkelberger, CEO at PGP Corporation, told The Reg: &#8220;Companies are increasingly waking up to the real cost of data losses, especially the cost of losing customers.<\/p>\n<p>Ponemon estimates customer churn rates to go up by an average of 2.5 per cent after a data loss, but the worst example in the UK saw churn rates go up by seven per cent.<\/p>\n<p>http:\/\/www.theregister.co.uk\/2008\/02\/25\/data_breach_real_cost\/<\/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-1932","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\/1932","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=1932"}],"version-history":[{"count":1,"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/1932\/revisions"}],"predecessor-version":[{"id":4419,"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/1932\/revisions\/4419"}],"wp:attachment":[{"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/media?parent=1932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/categories?post=1932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cybersecurityinstitute.com\/blog\/index.php\/wp-json\/wp\/v2\/tags?post=1932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}