Data Breach Costs: 10 Ways You're Making It Worse


6. Lost Or Stolen Smartphones Or Tablets

Organizations that were forced to acknowledge a data security breach as the result of a lost or stolen laptop, smartphone or tablet had higher data breach costs than those that had a breach as a result of exposure from internal systems, according to the Ponemon Institute study. If the data breach involved a lost or stolen device, the cost was increased by as much as $15 per record, according to Ponemon. Increased costs associated with computer forensics and a lack of insight into the scope of the breach often added to expenses.