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"A breach of 1500 client files with personal information can cost an excess of $300,000 in notification, resolution and legal costs."

"According to the ID Theft Resource Center data breaches are up 47% from 2008"

"71% of businesses surveyed say their organization does not have an accurate inventory of where personal data for employees and customers is stored."
Price Waterhouse Coopers 2008 Global State of Information Security Study

Key Statistics

45 states now have breach notification laws

According to the Better Business Bureau

74% of small business do not have an information security plan
One fifth of them do not use virus scanning for email – one of the most basic and widely known information security protection measures
Over 60% do not protect their wireless networks with even the simplest forms of encryption

According to a 2009 Data Breach Study by Verizon Business Risk Team 87% of data breaches were considered avoidable through simple or intermediate controls.

20% of data breaches are caused by insiders.

Statistics indicate the average cost related to a data breach to be approximately
$200 per client.
65% of the cost of a data breach is due to lost business.
31% of individuals affected by a data breach will terminate their relationship with
the company that lost their information.
21% of data breaches are due to a lost company laptop.
According to the ID Theft Resource Center data breaches are up 47% from 2008.