32 percent of data breaches lead to executive job loss

In North America 32 percent of data breaches have resulted in a C-level manager, president or CEO losing their job, according to new research. The study from Kaspersky Lab shows that 42 percent of businesses worldwide experienced at least one data breach in the last year. When a data breach occurs it not only results in a costly recovery burden, now put at $1.23 million on average, but it can also impact the company's reputation, customer privacy, and even severely impact employees' careers. The research highlights how responsibility for a breach often extends beyond technical IT employees. Among employees let… [Continue Reading]