According to a new article on TechTarget, a study by the Ponemon Institute has revealed the cost of a data breach has increased once again, to $204 per compromised record. The study is available for download at http://www.encryptionreports.com/ after giving away some personal details. The “Fifth Annual U.S. Cost of Data Breach Study,” funded in part by encryption vendor PGP Corp., determines the annual cost of the breach by establishing a company’s cost of lost business as a result of an incident; expenses incurred by notifying individuals and authorities of a breach; costs associated with legal fees and consulting firms and new investments made in technology and employee education. In our down economy, it is interesting that the cost of[…]