Oct 22, 2017 |
Average cyber breach costs US$394,000, higher in financial services sector: NetDiligence
The aggregated average total breach cost of a cyber event is US$394,000, with an average claim for a large company of US$3.2 million, a new report from NetDiligence has found.
NetDiligence, a provider of cyber risk readiness and response services, outlined the figures in its seventh annual 2017 Cyber Claims Study, released earlier this week. The study calculates actual losses for data breach events covered by cyber liability insurance carriers.
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