1. Sam elkholy Director, systems engineering
The cost of a breach
Sam elkholy
Director, systems engineering

2. Agenda
Introductions
Expense Categories
Activity Based Costing (ABC)
Average Cost of Breach
Cost Calculation

3. Introductions
Name
Company
What You’d Like to Get From Today

4. Detection, Escalation and Response Administration Costs
Expense categories
Detection, Escalation and Response
Investigation Activities, Assessment, Auditing
Administration Costs
and Phone notifications, General and Legal Notices to Subjects Concerned

5. Expense categories Data Breach Aftermath
Help Desk and Support Activities
Credit Report Monitoring / Identity Theft
Issuing New Account
Legal Expenses
Regulatory

6. Business Opportunity Cost
Expense categories
Business Opportunity Cost
Cost of Business Disruption
Opportunity Loss
Intangible Costs
IP Loss
Reputation / Reduced Goodwill

7. Activity Based Costing (ABC)
Conducting Incident Response Activities (Root Cause)
Review Standard Operating Procedures
Assemble Response Team
Prepare and Conduct Public and Regulatory Outreach
Prepare Required Disclosure to Victims and Regulators

8. Activity Based Costing (ABC)
Aftermath Costs
Auditing and Legal
Compliance Legal Services
Associated Costs for Victims of the Breach
Identity Protection Services
New Customer Acquisition Costs

9. Average Time to Discovery 279 days
Average Cost of Breach
Global Average
United States Average
$3.9M
$8.9M
Average Size Data Breach 25,575 Records
Healthcare
Average Time to Discovery 279 days
IBM 2019 cost of data breach