Accessing the Financial Impact of a Data Breach

transcript

Assessing the Financial

Impact of a Data Breach

Assessing the Financial Impact of a Data Breach

Logistics

All lines are in listen-only mode. We will answer questions at the end of the event. But feel free to ask questions at any time. A link to the webinar recording will be e-mailed shortly after the event, and it will be available on-demand at: www.anx.com

Every attendee receives a $5 Starbucks Gift Card

One attendee will receive a $50 Amazon.com Gift Certificate

All series attendees will be Entered to win a Kindle Fire

Assessing the Financial Impact of a Data Breach

Presenter

John Roskoph Enterprise Security Consulting Manager

Accessing the Financial Impact of a Data Breach

A Data Spill

$63 Billion

Raymond James Estimate

A Data Spill

$204 per record

Ponemon Institute

A Data Spill

$31 million

$750,000 Ponemon Institute study

A Data Spill

$31 million

$750,000 Ponemon Institute study

A Data Spill

$6.75 million

Average total (2009)

A Data Spill

of small businesses that experience a customer data breach go out of business within the year

What type of data was lost?

0% 10% 20% 30% 40% 50%

Password/PIN

Credit Card or Bank Payment Information

Credit or Payment History

Social Security Number (SSN)

Driver’s License Number

What were the most negative consequences of breach?

0% 10% 20% 30% 40% 50%

Loss of Productivity 50%

Loss Of Customer Loyalty

Legal Action

Unfavorable Media Coverage

Customer Turnover

THE THREE PILLARS OF PCI

Effects on Brand

Level 4

90% Average 1 year to restore brand reputation

Response

$204 +

1 Year

Response

= Companies responding

more quickly

Paying 54% more to do so

What Can I

What Can I Do?

Step One

What Can I Do?

Step Two

PCI 12

What Can I Do?

Step Three

Protection

How much will this cost me

What can

ANX do for me

Fully managed security solutions featuring leading edge security technology and expert support Powerful Software-as-a-

Service solutions to simplify compliance and risk management

Fully managed connectivity solutions to help business communities securely collaborate

Authentication of existing/new merchants

Self-assessment questionnaire (SAQ) guidance

Online merchant training

Comprehensive reporting

Continuous merchant compliance monitoring

All Presented under the Merchant Acquirer/ISO Brand

Zero Breaches and Zero Core Outages

Data Breach

Protection Program

E-mail us at sales@anx.com

Call us 877-876-6920

Or visit us at

To Learn More About ANX

March 7: Using a Risk Assessment to become PCI Compliant

.com Register at

E-mail us at sales@anx.com

Call us 877-876-6920

Or visit us at www.facebook.com/anxebusiness

Drawing and Questions

Accessing the Financial Impact of a Data Breach

Business