Reply to post:

Equifax Q3 results: Not as bad as you might have hoped – hack only cost biz about $87m

SAdams

Of course once its live, GDPR will be on top of costs incurred responding to the breach.

You would expect something like this (where both prevention and handling were so poor) to be close to the 4%. So companies should probably look at a potential 8% of turnover cost for data breaches.

I’m fairly sure Equifax could still be fined by various governments under existing legislation if they chose to.

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