Jay Clemens
IBMÂ has released findings of a study that indicates the average cost of data breach in 2015 has totaled $3.8 million, up 23 percent from 2013 figures.
Ponemon Institute conducted the study over 10 months through interviews of more than 1,500 information technology, compliance and information security professionals from 350 organizations in 11 countries, IBM said.
The study also estimates a six percent increase in the cost of each lost data that contains confidential information.
The report also the factors that influenced the financial consequences of a data breach.
