![Average Data Breach Cost Company $1,000 Per Record](http://www.riskinbox.com/wp-content/uploads/2015/04/Money.png)
Average Data Breach Cost Company $1,000 Per Record
A recent study of insurance claims revealed that the average data breach compromises 3.2 million records and that each record that is compromised costs the company an average of $1,000 for notifications, legal fees, etc. Health care companies remain the number one target, but financial institutions are number two. [11/5/14]