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Data-Breach Costs Rising, Study Finds 67

BobB-nw writes to tell us that a recent study of 43 companies that suffered from data breaches last year showed the total cost of dealing with the breach to have risen to $6.6 million per incident. The cost is about $202 per record compromised for first timers, while the repeat offenders seem to have their mojo down and only suffer about $192 per record. With 88% of all data loss cases for 2008 being traced back to insider negligence it's a wonder that a little upfront money isn't being directed at prevention; guess as soon as they idiot-proof it someone will build a better idiot.

Going the speed of light is bad for your age.