ASC BreachShield
Statistics

Data Security Breach Statistics
According to a 2007 Research Report compiled by Javelin:

1. Over half of all consumers report that they view companies who have taken the time to notify them of a data security breach more favorably.
2. 84% of consumers say they are more likely to shop at merchants who are viewed as data security leaders.
3. 63% of consumers perceive merchants and retailers as being the least secure in protecting their account information.
4. 85% of consumers say it is important for credit issuers to disclose the identity of the organization which experienced the data security breach.
5. Over two-thirds of consumers believe it is the responsibility of the breached company or credit issuer to inform them that a data security breach has occurred.
6. At least 35 states have enacted data breach disclosure laws.*
   *As of June 20, 2008, the number of states to enact breach disclosure laws has increased to 44.
   

A 2007 Ponemon Institute Annual Study found:

1. A data security breach costs a company an average of $197 per lost record.
   
2. 65% of data security breach costs are the result of lost business.