Data leakers suffer 8% drop in revenue

Computer World has an article about a recent study by the IT Policy Compliance Group which offers some interesting data points:

• Organisations that experience publicly reported data breaches suffer an 8% loss of revenue.
• Compounding the revenue and customer losses are additional expenses averaging US$100 per lost or stolen customer record to notify customers and restore data.
• Best-in-class organisations are monitoring and measuring controls and procedures to protect sensitive data once a week, while most firms are conducting such measurements only about once every 176 days.