The consequences of a single breach in security can have severe and lasting effects on a business. The impact of an event can damage an enterprise's reputation and credibility. In turn, customer retention suffers. The direct financial impact of a security breach can be substantial. The costs of forensic analysis, employee downtime, and staff time and labor to remediate the effects of a breach are significant. According to the Computer Security Institute (CSI), on average, a single breach can cost a business in excess of $300,000. If the disclosure of private or confidential customer data is involved, levied fines can.
