What is the Real Cost of a Breach?

The video discusses the costs associated with data breaches, highlighting both direct and indirect expenses. It covers short-term costs like detection and notification, as well as long-term impacts such as lost revenue and reputational damage. The Ponemon study is referenced for statistical insights, and a case study of Target Corporation illustrates the financial repercussions of a breach. Recommendations for pre-breach planning and budgeting are provided to help organizations mitigate these costs.

What was the estimated global average total cost of a data breach according to Ponemon's 2020 report?

What are the implications of the California Consumer Privacy Act on data breach costs?

Can you describe the financial impact of the Target Corporation data breach?

What recommendations were made for organizations to prepare for potential data breaches?