We finally know how much a data breach can cost

Now, we finally know the cost of a data breach. And it’s HUGE!

 

Everyone knows corporate data breaches can be expensive, but does anyone really know exactly how expensive? Recent estimates for the average cost have landed all over the map, ranging from $4 million to $7 million. But when it comes to the top end of the scale, those appraisals turn out to be laughably small.