Today's focus -- some new data breach statistics (and a few slightly older ones)
Percentage of data breaches in 2022 involving human error or misconduct: About 82%
Percentage of consumers who believe that companies need to be more proactive about data protection:
Percentage of UK respondents who are unwilling to do business with companies suffering credit card breach:
Cost of a typical data breach in 2022:
4.35 million USD -- the highest ever and a 2.6% increase from 2021
Fortunately, information governance frameworks have been shown time and time again to reduce errors, increase awareness and knowledge of risk, and act as a regulatory defense in the event of a data breach.
And, one of the first questions a typical regulator will ask following a data breach is whether you took proper precautions to protect it.