Ponemon Cost of Data Breach Report

The Ponemon Cost of Data Breach Report analyzes the financial impact of data breaches on organizations. It calculates average costs, including response, legal fees, lost business, and reputational damage. The report also identifies factors that influence costs, such as breach size, industry, and security measures. Essentially, it helps organizations understand how data breaches affect their finances and emphasizes the importance of strong cybersecurity to prevent costly incidents.