Pulling the reins on data breach costs

For years enterprises have battled to prevent and manage data breaches, yet the costs associated with data breaches keep climbing higher -- especially for organizations in highly regulated industries. The average cost of a breach today is $188 per record in the U.S, According to the Ponemon Institute, with the total costs of data breach hitting upwards of $5.4 million. Also according to Ponemon average losses are up 18% from the same survey in the prior year.