{"id":11219,"date":"2018-10-15T12:34:38","date_gmt":"2018-10-15T12:34:38","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=11219"},"modified":"2018-10-15T12:41:59","modified_gmt":"2018-10-15T12:41:59","slug":"infographic-the-true-cost-of-a-data-breach","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/infographic-the-true-cost-of-a-data-breach\/","title":{"rendered":"Infographic: the true cost of a data breach"},"content":{"rendered":"<p>The financial services industry has been hit hard with data breaches in recent years, underscoring the need for financial institutions to step up security measures to protect both themselves and their customers. But beyond public backlash, reputation damage and lost client trust, financial institutions that experience a data breach face a myriad of costs \u2013 from forensics and breach notifications to lawsuits and settlement fees. Take a look at a few facts about the data breaches and how much they can cost.&nbsp;<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-11220\" src=\"http:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/10\/financial-services-data-breach-infographic.jpg\" alt=\"\" width=\"1000\" height=\"2038\" srcset=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/10\/financial-services-data-breach-infographic.jpg 1000w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/10\/financial-services-data-breach-infographic-147x300.jpg 147w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/10\/financial-services-data-breach-infographic-768x1565.jpg 768w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/10\/financial-services-data-breach-infographic-502x1024.jpg 502w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-11219 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='BFC FinTech Monitor 20th March \u2013 3rd April'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/bfc-fintech-monitor-20th-march-3rd-april\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/04\/office-workers-analyzing-researching-business-data_74855-4445-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-14723\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-14723'>\n\t\t\t\tBFC FinTech Monitor 20th March \u2013 3rd April\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Video: how to successfully navigate an ever-changing financial space'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/video-how-to-successfully-navigate-an-ever-changing-financial-space\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/10\/Finextra-SEEBURGER-Data-integration-and-harmonisation-can-banks-stand-their-ground-and-compete-150x150.jpeg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-13800\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-13800'>\n\t\t\t\tVideo: how to successfully navigate an ever-changing financial space\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Video: opportunities and risks with bigtechs entering the financial sector'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/video-opportunities-and-risks-with-bigtechs-entering-the-financial-sector\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/08\/Big-tech-in-finance-opportunities-and-risks-150x150.jpeg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-13391\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-13391'>\n\t\t\t\tVideo: opportunities and risks with bigtechs entering the financial sector\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The financial services industry has been hit hard with data breaches in recent years, underscoring the need for financial institutions to step up security measures to protect both themselves and their customers. But beyond public backlash, reputation damage and lost client trust, financial institutions that experience a data breach face a myriad of costs \u2013 &hellip;<\/p>\n","protected":false},"author":5,"featured_media":11333,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,367],"tags":[184],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/11219"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=11219"}],"version-history":[{"count":4,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/11219\/revisions"}],"predecessor-version":[{"id":11332,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/11219\/revisions\/11332"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/11333"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=11219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=11219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=11219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}