A recent Ponemon study sponsored by Symantec has found that employee negligence is the most common cause of data breaches in the US, while malicious attacks are the most expensive. Interestingly enough, the average cost per data breach has dropped from $7.2 million in 2010 to $5.5 million in 2011 – still a price no one wants to pay!

Data breaches are a very real and present threat to the modern organization. Between tangible damage such as direct fines, legal costs and lost customers, to intangible damage to the brand, data breaches cost organizations an average of $194 per record in 2011. The article goes on to detail best practices, and reports that hiring a Chief Information Security Officer (CISO) can help reduce the cost per record by up to $80 or 35%. You can read the rest of the article here.

“Organizations need to focus on processes, policies and technologies that address threats from the malicious insider or hacker.”

Here at SoftBase, we understand the mission-critical importance of data security. That’s why we built our DB2 application testing and test data sub-setting suite, TestBase, to include the most advanced data masking features available on the market. You need good quality test data for development, but you also need to keep your customer data safe with the best processes, policies and technologies available.

TestBase is the safest test data management solution available on the market – contact us or click here to learn more!