According to a new study, the costs of data breaches go “far beyond the initial incident response and customer notification costs,” Dark Reading reports. The SANS Institute survey found that “about one third of organizations are able to remediate breaches within a week of detection, and the greatest financial impact from breaches extended months and even years beyond the event for the majority of organizations.” The survey looked at how nearly 60 organizations coped with breaches and found more than 40 percent said the greatest impact from the breach was felt one to 12 months after the incident. Some of that was because of unforeseen required actions necessary for forensics or data recovery, the report states.
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