alphadogg writes: The cost of a data breach rose to $7.2 million last year from $6.8 million in 2009, with the average cost per compromised record in 2010 reaching $214, up 5% from 2009. The Ponemon Institute's annual study of data loss costs this year looked at 51 organizations who agreed to discuss the impact of losing anywhere between 4,000 to 105,000 customer records.While "negligence" remains the main cause of a data breach (in 41% of cases), for the first time the explanation of "malicious or criminal attacks" (in 31% of cases) came in ahead of the third leading cause, "system failure."
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