How to Calculate the Cost of a Data Breach

Want to know just how much a data breach is likely to end up costing your company?

By Jaikumar Vijayan

PAGE 2

Avivah Litan, an analyst at Stamford, Conn.-based Gartner Inc., said that such calculators "can give people a way to structure their thinking on the cost implications of a breach. I wouldn’t bet my house or my enterprise on these numbers. A lot of the costs are often exaggerated."

Even so, as tools to get people thinking about the hard costs of security breaches, such calculators can at least offer worst-case estimates, she said.

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