Business Disruption And Productivity Loss Biggest Non-Compliance Costs
Meanwhile, the study illuminated four vital costs of non-compliance associated with protecting data, significantly affecting an organization's bottom line.
The biggest non-compliance cost was due to overall business disruption, which averaged $3.3 million, followed by employee productivity loss at $2.4 million, possibly attributed to employees using company time to peruse Facebook or YouTube or shop online, for example. Others costs were related to company revenue loss, at $2.2 million followed by fines, penalties and other costs, which altogether averaged about $1.4 million.
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