The cost of a data breach has jumped 23 percent in two years

Data breaches like the one just disclosed by the IRS aren’t something any organization wishes for, but there’s now even bigger financial incentive to avoid them than in the past.

The average cost of a data breach has increased by 23 percent over the past two years to $3.79 million, according to a report Wednesday from IBM and the Ponemon Institute. And the average cost for each lost of stolen record containing sensitive information increased 6 percent over just the past year, from $145 to $154.

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