IBM Systems Magazine, Mainframe - March/April 2016 - 21

and indirect costs related to the
violations, Ponemon says.

The High Cost
of Cyberattacks
According to the study, the cost
of dealing with breaches has
increased 23 percent in two years.
The most expensive breaches
occurred in the United States at an
average of $217 per compromised
record. Germany was second most
expensive at $211 per record.
The direct numbers include the
expense of hiring forensic experts
to determine what happened in
the breach and how much data
was compromised, Ponemon
says. But indirect costs can also
affect a company, such as the
expense of creating response
teams of employees who may
have to spend their workdays
and weekends dealing with the
breach. Additionally, a meltdown
of trust between companies
and their customers causes
opportunity losses.
Companies in more regulated
industries tend to experience
higher costs for security problems.
"If you're a bank, having a breach
means you're out of compliance,"
Ponemon says. So, in addition
to resolving the breach, there
also could be costs related to
regulatory penalties. "It takes
more effort to recover," he says.
Other industries with higherthan-average costs for security
breaches are healthcare,
pharmaceutical and telecom.
Healthcare companies had the
highest cost per stolen record,
with an average of $363,
according to the study.
These types of industries also
tend to face a higher reputation
cost in a security breach. "Most
people believe their bank or
healthcare provider is taking
serious steps to protect their
data, and the expectations are
really high," Ponemon says.

So, a security loss results in
greater disappointment with
the company.
Another factor in the increased
price of data breaches is that the
general public is more likely to
pay attention to security failures

$
Cost of dealing
with breaches
has increased

23%
in two years

now than in the past. Five or six
years ago, if someone received
a letter from his bank saying
his records had been exposed,
the customer may have been
concerned but unsure how it
would affect him personally.

Learn how our clients save millions a year in data center costs at
standardware.com/millions.

ibmsystemsmag.com MARCH/APRIL 2016 // 21


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IBM Systems Magazine, Mainframe - March/April 2016

Table of Contents for the Digital Edition of IBM Systems Magazine, Mainframe - March/April 2016

Table of Contents
Editor's Desk: A secure connection
Techbits: Sphere of influence
Infographic: Hybrid integration: Can you keep up?
Partner PoV: RACF needs complementary applications for total enterprise protection
R&D: IBM explores how affective computing can benefit society
IT Today: OpenStack solutions help address compliance needs and audit standards
Currents: Ponemon data breach study should encourage you to be proactive
Cover Story: The Future of Business: New IBM z13s and its growing ecosystem help clients unleash digital innovation with cloud agility and cybersecurity
Feature: The Mobile App Advantage: Real-world cases show how to maximize information to achieve results in the cognitive era
Tech Showcase: DevOps helps transform development practices to meet today's business demands
Tech Corner: With z/OS V2.1, IBM DB2 features include automation and copy improvements
Solutions: (E)JES V5.5; EasySMF; JE; Offline Access Recovery; SIEM Agent for IBM z/OS with IND$defender; SMA_RT V3.3
Stop Run: The Web's mainframe past isn't gone; it's archived on various sites
Reference Point - Global Events, Education, Resources for Mainframe
2016 Mainframe Solutions Edition Product Index
IBM Systems Magazine, Mainframe - March/April 2016 - Intro
IBM Systems Magazine, Mainframe - March/April 2016 - Cover1
IBM Systems Magazine, Mainframe - March/April 2016 - Cover2
IBM Systems Magazine, Mainframe - March/April 2016 - 1
IBM Systems Magazine, Mainframe - March/April 2016 - Table of Contents
IBM Systems Magazine, Mainframe - March/April 2016 - 3
IBM Systems Magazine, Mainframe - March/April 2016 - 4
IBM Systems Magazine, Mainframe - March/April 2016 - 5
IBM Systems Magazine, Mainframe - March/April 2016 - Editor's Desk: A secure connection
IBM Systems Magazine, Mainframe - March/April 2016 - 7
IBM Systems Magazine, Mainframe - March/April 2016 - Techbits: Sphere of influence
IBM Systems Magazine, Mainframe - March/April 2016 - Infographic: Hybrid integration: Can you keep up?
IBM Systems Magazine, Mainframe - March/April 2016 - Partner PoV: RACF needs complementary applications for total enterprise protection
IBM Systems Magazine, Mainframe - March/April 2016 - 11
IBM Systems Magazine, Mainframe - March/April 2016 - 12
IBM Systems Magazine, Mainframe - March/April 2016 - R&D: IBM explores how affective computing can benefit society
IBM Systems Magazine, Mainframe - March/April 2016 - 14
IBM Systems Magazine, Mainframe - March/April 2016 - 15
IBM Systems Magazine, Mainframe - March/April 2016 - IT Today: OpenStack solutions help address compliance needs and audit standards
IBM Systems Magazine, Mainframe - March/April 2016 - 17
IBM Systems Magazine, Mainframe - March/April 2016 - 18
IBM Systems Magazine, Mainframe - March/April 2016 - 19
IBM Systems Magazine, Mainframe - March/April 2016 - Currents: Ponemon data breach study should encourage you to be proactive
IBM Systems Magazine, Mainframe - March/April 2016 - 21
IBM Systems Magazine, Mainframe - March/April 2016 - 22
IBM Systems Magazine, Mainframe - March/April 2016 - 23
IBM Systems Magazine, Mainframe - March/April 2016 - Cover Story: The Future of Business: New IBM z13s and its growing ecosystem help clients unleash digital innovation with cloud agility and cybersecurity
IBM Systems Magazine, Mainframe - March/April 2016 - 25
IBM Systems Magazine, Mainframe - March/April 2016 - 26
IBM Systems Magazine, Mainframe - March/April 2016 - 27
IBM Systems Magazine, Mainframe - March/April 2016 - 28
IBM Systems Magazine, Mainframe - March/April 2016 - 29
IBM Systems Magazine, Mainframe - March/April 2016 - Feature: The Mobile App Advantage: Real-world cases show how to maximize information to achieve results in the cognitive era
IBM Systems Magazine, Mainframe - March/April 2016 - 31
IBM Systems Magazine, Mainframe - March/April 2016 - 32
IBM Systems Magazine, Mainframe - March/April 2016 - 33
IBM Systems Magazine, Mainframe - March/April 2016 - 34
IBM Systems Magazine, Mainframe - March/April 2016 - Tech Showcase: DevOps helps transform development practices to meet today's business demands
IBM Systems Magazine, Mainframe - March/April 2016 - 36
IBM Systems Magazine, Mainframe - March/April 2016 - 37
IBM Systems Magazine, Mainframe - March/April 2016 - 38
IBM Systems Magazine, Mainframe - March/April 2016 - 39
IBM Systems Magazine, Mainframe - March/April 2016 - 40
IBM Systems Magazine, Mainframe - March/April 2016 - 41
IBM Systems Magazine, Mainframe - March/April 2016 - 42
IBM Systems Magazine, Mainframe - March/April 2016 - Tech Corner: With z/OS V2.1, IBM DB2 features include automation and copy improvements
IBM Systems Magazine, Mainframe - March/April 2016 - 44
IBM Systems Magazine, Mainframe - March/April 2016 - 45
IBM Systems Magazine, Mainframe - March/April 2016 - Solutions: (E)JES V5.5; EasySMF; JE; Offline Access Recovery; SIEM Agent for IBM z/OS with IND$defender; SMA_RT V3.3
IBM Systems Magazine, Mainframe - March/April 2016 - 47
IBM Systems Magazine, Mainframe - March/April 2016 - Stop Run: The Web's mainframe past isn't gone; it's archived on various sites
IBM Systems Magazine, Mainframe - March/April 2016 - Cover3
IBM Systems Magazine, Mainframe - March/April 2016 - Cover4
IBM Systems Magazine, Mainframe - March/April 2016 - Reference Point - Global Events, Education, Resources for Mainframe
IBM Systems Magazine, Mainframe - March/April 2016 - 2016 Mainframe Solutions Edition Product Index
IBM Systems Magazine, Mainframe - March/April 2016 - SE2
IBM Systems Magazine, Mainframe - March/April 2016 - SE3
IBM Systems Magazine, Mainframe - March/April 2016 - SE4
IBM Systems Magazine, Mainframe - March/April 2016 - SE5
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