Each year, millions of personal records are compromised as a result of corporate
and institutional data breaches - despite the best efforts of companies.
Businesses are acutely aware of the complex patchwork of regulations they must
navigate in responding to a data breach, and they keep a close eye on the
immediate costs of breach response. But many businesses overlook the longer
term risks and costs of lost business that follow from a breach poorly handled.
In fact, a recent study found that lost business now accounts for 65% of data
breach costs, and that these costs are increasing at a rate of 30% a year.
How do you handle a data breach in a way that satisfies your customers and
protects your business? ID Experts can help. We offer a full range of
communication, advisory, protection and recovery services that help ensure
positive experiences for breach victims and a positive outcome for your
business. Our approach and experience help reduce out-of-pocket costs and
exposure to future class-action litigation.
Learn more about ID Expert's data breach response services.