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Cost of a breach

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Overview

The cost of a breach is always an estimate. Even after a breach occurs, the actual cost of the breach may never be accurately determined. On top of the disruption to the businesses processes, it is difficult to assess the value of intangibles such as reputational damage, the cost of rehabilitating compromised systems, the cost of investigating the breach itself, and the cost of any fines or penalties that may need to be paid to the relevant authority.

Some of the factors that contribute to the cost of a breach include, but are not limited to:

  • Breach investigation
  • Systems rehabilitation
  • Reputational damage
  • Destruction of assets
  • Compliance costs
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