TechInsurance, an insurance company that specializes in providing services for small and micro businesses, has published a small guide to help organizations in reducing the cost of data breaches.
According to recent studies, the average cost of a breach is $5.4 million, which is a lot of money for small businesses. However, the Ponemon Institutes 2013 Cost of a Data Breach Study has highlighted the fact that costs can be reduced significantly if a response plan is in place….