{"id":131,"date":"2015-03-12T21:48:00","date_gmt":"2015-03-12T21:48:00","guid":{"rendered":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/2015\/03\/12\/silicon-valley-experts-talk-business-costs-of-data-breaches\/"},"modified":"2015-03-12T21:48:00","modified_gmt":"2015-03-12T21:48:00","slug":"silicon-valley-experts-talk-business-costs-of-data-breaches","status":"publish","type":"post","link":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/silicon-valley-experts-talk-business-costs-of-data-breaches\/","title":{"rendered":"Silicon Valley Experts Talk Business Costs of Data Breaches"},"content":{"rendered":"<p>According to experts in Silicon Valley, data breach costs break down for business like this:<\/p>\n<ul>\n<li>\u00a080% less than $1 million in direct costs and damages<\/li>\n<li>15 %\u00a0of breaches cost between $1 million and $20 million<\/li>\n<li>5% cost more than\u00a0$20 million to investigate, deal with and pay legal costs<\/li>\n<li>Average Cost is $7Million\u00a0<\/li>\n<li>Only 8% of businesses are buying cyber insurance coverage<\/li>\n<\/ul>\n<p><a href=\"http:\/\/www.bizjournals.com\/sanfrancisco\/blog\/2015\/03\/data-breach-cost-insurance-cyber-security-aon.html\">San Francisco Business Journal<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to experts in Silicon Valley, data breach costs break down for business like this:<\/p>\n<ul>\n<li>\u00a080% less than $1 million in direct costs and damages<\/li>\n<li>15 %\u00a0of breaches cost between $1 million and $20 million<\/li>\n<li>5% cost more than\u00a0$20 million to investigate, deal with and pay legal costs<\/li>\n<li>Average Cost is $7Million\u00a0<\/li>\n<li>Only 8% of businesses are buying cyber insurance coverage<\/li>\n<\/ul>\n<p><a href=\"http:\/\/www.bizjournals.com\/sanfrancisco\/blog\/2015\/03\/d...<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,2,3,4],"tags":[],"class_list":["post-131","post","type-post","status-publish","format-standard","hentry","category-banking","category-data-privacy","category-legislative-trend","category-retail-data-breach","entry"],"_links":{"self":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/posts\/131","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/comments?post=131"}],"version-history":[{"count":0,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/posts\/131\/revisions"}],"wp:attachment":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/media?parent=131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/categories?post=131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/tags?post=131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}