Will HMRC breach cost £625 million?
Analysis: With a study showing the average cost of a data breach is £47 per record compromised, high profile public sector data losses, such as the recent CD loss at Revenue and Customs, will likely create financial woe for taxpayers.
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suggested the average cost per record of a data breach is 47
HMRC Child Benefit Records: 625 million
HMRC and Standard Life: 825,000
Marks and Spencer: 1.5 million
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Nationwide: 605 million
Skipton Financial Services: 770,000
Freelance journalist Nicole Kobie first started writing for ITPro in 2007, with bylines in New Scientist, Wired, PC Pro and many more.
Nicole the author of a book about the history of technology, The Long History of the Future.