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1Breaches From Malicious or Criminal Attacks More Costly Than Average
2Average Cost Per Breached Record Is Highest in the U.S.
3Global Average Breach Costs for 2016: $4M
4Malicious Attacks Trigger Less Than Half of Breaches
5Breaches Caused by Human Error Are the Least Expensive
6It Takes 201 Days to Identify a Breach
7Breach Identification Time Varies by Root Cause
It takes less time for an organization to discover and contain a breach that was the result of human error than one that was the result of a malicious or criminal attack. Breaches triggered by human error took 162 days to detect and 59 days to contain, while breaches where the root cause was a malicious attack took 229 days to detect and 82 days to contain.
8Incident-Response Teams Can Lower Breach Costs
One of the key findings of the report this year was that there are multiple tasks that an organization can undertake to reduce the cost of each lost or stolen record. By having an incident-response team in place, an organization can lower the cost per stolen record by $16.