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2017 Cost of Data Breach Study: Australia

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Have you ever wondered what the true cost of a data breach is? Wonder no more. Our business partner IBM has released their annual benchmarking report outlining the cost of data breach incidents to Australian companies. Local data making it extremely relevant. 

Interesting findings include the fact that an average Australian data breach costs an organisation $2.51 million and that the average cost per lost or stolen record is $139. 

The report is full of interesting (and at times startling) findings which makes it a particularly valuable resource to have next time you are looking for credible data on the value of security and the importance of consistent improvements to your security posture.