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The cost of a Data Breach at the end of 2019

The newly issued 2019 Cost of a Data Breach Report released by the Ponemon Institute and IBM Security evinced that costs of a data breach are increasing over the world.  The background to this is that new data protection legislation favoring consumers is adopted and enforced. Furthermore data subjects become wary of companies that are affected by data breaches. The reports concludes that this trend is unlikely to stop in 2020 as the California Consumer Privacy Act will come into effect and the US draws closer to the enactment of a federal data protection law.

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