Will HMRC breach cost £625 million?
News
By Nicole Kobie
published Analysis: With a study showing the average cost of a data breach is £47 per record compromised, high profile public sector data losses, such as the recent CD loss at Revenue and Customs, will likely create financial woe for taxpayers.
suggested the average cost per record of a data breach is 47
HMRC Child Benefit Records: 625 million
HMRC and Standard Life: 825,000
Marks and Spencer: 1.5 million
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Nationwide: 605 million
Skipton Financial Services: 770,000