Ponemon Institute and PGP Corporation haveannounced the results of the second annual study into the costs incurred by UK businesses after experiencing a data breach. The “2008 Annual Study: UK Cost of a Data Breach” found that the average total cost per incident had risen to GBP1.7 million in 2008, up from last year’s figure of GBP1.4 million. On average, each lost customer record costs firms GBP6 …[more]