The Second Annual Study on Data Breach Preparedness – Ponemon Institute© Research Report – Sponsored by Experian® Data Breach Resolution – Independently conducted by Ponemon Institute LLC. Publication Date: September 2014.

“Data breaches are increasing in frequency. Forty-three percent of respondents say their companies had a data breach involving the loss or theft of more than 1,000 records, an increase of 10 percent from 2013. Sixty percent of respondents say their companies have had more than one breach. Last year, 52 percent of respondents said their company had more than one breach. Current data breach preparedness programs often fail to deal with all consequences of an incident. Despite the increased existence of data response teams and plans in organizations represented in this research, Figure 1 reveals 68 percent of respondents do not agree their company would know how to deal with negative public opinion, blog posts and media reports. Further, only 67 percent do not agree their organization understands what needs to be done following a material data breach to prevent the loss of customers’ and business partners’ trust and confidence.”