Friday, 24 March, 2023

SMBs that disclose breaches tend to experience 40% less financial damage: Kaspersky

<p>A Kaspersky report said that SMBs and enterprises that decide to voluntarily inform stakeholders and the public about a data breach, on an average, are likely to lose 40% and 28% less than, respectively, from their peers that saw the incident leaked to the media. Cost of damage suffered from a data breach to SMBs can come down to $93k if disclosed to stakeholders from $155k, if leaked to media. Similarly, for enterprises, it is $1.134 mn compared to $1.583 mn.</p>