Data Breaches In NY Hit Record High In 2013

Yay! New York hit a record high in 2013! Too bad the record they set was for data breaches. Boo!

In 2013 alone, the breaches cost the public and private sectors more than $1.37 billion, the report said. Losses were calculated by assuming that a data breach costs an affiliated company approximately $188 for each person whose data was compromised, a figure published in a 2013 report by the security company Symantec and the Ponemon Institute, which researches information security.

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