<li><b>Financial:</b> There are significant financial losses resulting from data breaches, including fines, audit fees and legal expenses. The Ponemon Institute has estimated that the average global cost of a data breach has risen to $3.9 million and $5 million in Canada specifically in a 2018 study. Contrast this to the average annual cost of a subscription based DLP solution of approximately $175,000, according to Forrester.</li> | <li><b>Financial:</b> There are significant financial losses resulting from data breaches, including fines, audit fees and legal expenses. The Ponemon Institute has estimated that the average global cost of a data breach has risen to $3.9 million and $5 million in Canada specifically in a 2018 study. Contrast this to the average annual cost of a subscription based DLP solution of approximately $175,000, according to Forrester.</li> |