How Much Is That Data Breach Going to Cost?

Every now and again I client will ask an interesting question that sends me off on a bit of web research.  Yesterday, a client I was working with wanted to know if there was a website that had a computer incident cost calculator.  It seemed like there must be such a thing, and I found several good ones on Privacy Risk Advisors website.

  • NetDiligence Mini Data Breach Calculator –  The calculator allows you to run a scenario to see how much a data breach could potentially cost your company.  Data breach costs can vary depending on the type of information lost, such as PII, PCI or PHI.
  • AON Cyber Risk Diagnostic Tool – Aon’s Cyber Risk Diagnostic Tool will help you identify the key internal and external factors that may affect your level of exposure to cyber risks.
  • Data Breach Risk Assessment Calculator – Simple tool gives a breach score but not a dollar value.  The Computer Breach Database on this site may be more interesting, and more useful.
  • IMBERVA: DDoS Downtime Cost Calculator – If you are wondering what a distributed denial of service campaign may cost, this is the tool you will want to use.

Interesting tools if you are trying to determine potential costs of an incident to support your request for more budget to deal with cybersecurity risks in your organization.

 

 

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About the Author:

I am a cybersecurity and IT instructor, cybersecurity analyst, pen-tester, trainer, and speaker. I am an owner of the WyzCo Group Inc. In addition to consulting on security products and services, I also conduct security audits, compliance audits, vulnerability assessments and penetration tests. I also teach Cybersecurity Awareness Training classes. I work as an information technology and cybersecurity instructor for several training and certification organizations. I have worked in corporate, military, government, and workforce development training environments I am a frequent speaker at professional conferences such as the Minnesota Bloggers Conference, Secure360 Security Conference in 2016, 2017, 2018, 2019, the (ISC)2 World Congress 2016, and the ISSA International Conference 2017, and many local community organizations, including Chambers of Commerce, SCORE, and several school districts. I have been blogging on cybersecurity since 2006 at http://wyzguyscybersecurity.com

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