How much does it cost to deal with an IT or cyber security breach?

The impact of security breach can be counted in pounds and pence. But it's also measured in lost business, lost jobs, lost confidence and reputation damage. In strict cash terms, a report commissioned by the Department of Business Innovation and Skills discovered that security breaches cost up to £1.5m each to deal with and put right. For small businesses, the average cost is £65k to deal with the worst breach of the year.


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