9. Because the average data
security breach costs:
Large Businesses
£1.5m
Small & Medium Size
Businesses
£75k
10. Loss of business continuity
brings more costs.
Data breaches create
downtime
Downtime means loss of
business continuity
11. The nature of the breach will determine the length of
downtime and ultimately the business continuity cost.
So let’s imagine the
worst case scenarios.
12. 14 breaches a year
£3.1m cost per breach
Annual cost = £43.4m
Large business
13. 4 breaches a year
£311k cost per breach
Annual cost = £1.24m
Small business
15. In Kapersky Labs’ global study,
they found the following:
SMB Enterprise
Proposition of
business incurring
this expense
Typical
losses
Proportion of business
incurring this expense
Typical
losses
Professional
services
Lose business
opportunities
Down time
Total expected
typical damage
$384K $551K
88% £11K 88% $84K
32% $16K 29% $203K
34% $66K 36% $1.4M
16. What sort of breaches are
causing so much disruption
and costly payouts?
17. According to Kapersky Lab, the top 3
most expensive security breaches are:
Employee
Fraud
Cyber
Espionage
Third
Party Failure
18. The ICO found that the most prevalent
security incidents for businesses, from
January - March 2016, were insecure web
pages being targeted by hackers. (42%)
20. Other big consequences include:
● Damage to company reputation.
● Temporary loss of access to
information critical to
business continuity.
● Loss of ability to do business.
32. Make sure you….
Choose the right
technology for your business and
ensure your IT strategy is centric to
the wider needs of the business.
33. Discover how to reduce the downtime and maintain
steady output in times of a breach in our guide
Data Protection: A Modern Threat to Modern Business