SC Magazine: By appointing a CISO, breached organizations stand to fare better in their response efforts, lessening their costs by $10 per compromised record, an annual study found.
On Monday, the “2014 Cost of Data Breach Study: United States” was released, offering insight on management efforts which can improve incident response at companies. The ninth annual study, which was sponsored by IBM and conducted by the Ponemon Institute, polled 61 U.S. companies across 16 industries, after firms experienced “the loss or theft of protected personal data and then had to notify breach victims as required by various laws,” the report said.
