Infographic: the £65,000 security breach

Infographic: the £65,000 security breach

We seem to have covered IT security and data protection on this blog a lot recently. And there's good reason for that: suffering a data breach can cost your business a lot of time and a lot of money.

How much? Well, in the worst case it could cost smaller companies up to £65,000 to recover, according to this infographic based on research from the Department for Business, Innovation and Skills.

Interestingly, it's lost custom and business disruption that make up the majority of that loss. Businesses will tend to spend relatively little on actually responding to an incident, although if you have to bring in external suppliers or consultants to evaluate the damage and set things right then that can add up.

Here's the infographic, so you can see the cost of security breaches for yourself. Click it to view the full version:

Infographic by Via Resource. See full-size version.

• Five myths about hackers (and why they matter to your business)
• Five tactics to prevent data breaches
• Hackers: they're everywhere, every day