February 02, 2009

The Real Cost of Web Application Security

With the average cost of a breach at $6.6 million, you need a Web application security solution

When you hear the latest stats that the average cost of a breach is $6.6 million, how can companies conduct business on their Websites without a Web application security solution?

According to the Ponemon Institute, a data breach costs more than $200 per compromised record. Most of the cost is due to lost business, which averaged to nearly $4.6 million. 44% of the organizations surveyed reported a breach by a third party, such as a contractor or outsources, and more than 88% of all cases this year involved incidents resulting from insider negligence.

When you hear these latest stats, it’s very easy to make an ROI case for a product that helps secure Web applications.

by
Erin Swanson
Eswanson@cenzic.com


	Data breaches cost $6.6 million on average, survey finds
	According to the Ponemon Institute, data breaches cost companies $6.6 million
	http://news.cnet.com/8301-1009_3-10153858-83.html?tag=nl.e703

by Erin Swanson

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