CyberGate IT

Most US firms would pay to avoid data breach shame going public

“The majority of US businesses admit they would pay hundreds of thousands of dollars rather than deal with the aftermath of a data breach going public.

According to new research from Bitdefender, two-thirds of 250 IT decision makers at enterprise firms say their companies would pay $124,000 to avoid public shaming after a data breach, and 14 percent would even go so far as to pay $500,000.

Read more details here.

Author: Charlie Osborne