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Average Cost of Data Breach Hits $4 Million

The average cost of a data breach has now reached $4 million, up 30% from 2013, according to a recent IBM Security and Ponemon Institute study. The average was $3.79 million last year. “Data breaches are now a consistent ‘cost of doing business’ in the cybercrime era,” said Larry Ponemon, chairman and founder of the Ponemon

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