How Consumers Foot The Bill For Data Breaches #infographic

Published by Web Desk Tuesday, August 5, 2014

Data breaches have been a big problem for e-commerce companies in 2014. Large companies such as Target, Ebay and the Univesrity of Maryand have all been hit by data breaches that have compromised consumer’s personal data. The average consumer does not realize that they end up footing the bill for part of the data breach regardless of whether or not their personal information is compromised. This is truly unfortunate news to most consumers who previous had no idea they were helping to foot the bill for a company’s security mistake. Authentify has created an infographic that breaks down the average cost of a data breach and how it gets passed onto consumers. They have also done a case study that shows how two factor authentication services can protect both the consumer and the retailer during a data breach. You can see more from the infograhpic from Authentify here.

Infographic by: authentify

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