2018 Cost Of Data Breach Study: Impact Of Business Continuity Management

The 2018 Cost of Data Breach Study reveals the significant financial and operational benefits of having a Business Continuity Management (BCM) program in place when dealing with data breaches. The study shows that organizations with BCM involvement experience a lower per capita cost of data breaches, reduced time to identify and contain breaches, and a decreased likelihood of recurring breaches. Additionally, companies with BCM save significant costs by reducing post-breach expenses, such as help desk activities, notifications, and legal fees. The report emphasizes that BCM not only improves incident response efficiency but also enhances organizational resilience by minimizing disruptions to operations and reducing the long-term financial impact of a breach. The research further highlights that the involvement of BCM teams in breach response leads to a 32% reduction in the likelihood of future breaches and provides substantial savings in breach resolution costs.

To learn more about the benefits of BCM in data breach management, download the full white paper today.