Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Nearly 40% of European firms have no data breach response: Study

June 02, 2015 Reprints

France's Pierre Audoin Consultants Groupe S.A. has said in a study that several European businesses are at risk of data breach, reported TechWeekEurope UK.

Nearly 40% of the firms in the region have no incident response plan in place, the study found.

The study also found the average direct costs of a data breach to be €75,000 ($82,447.5).

About 67% of the firms experienced a breach in 2014.

1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
2. Chinese cargo owners face losses after bridge collapse
3. Zurich Insurance to stop underwriting new oil and gas projects
4. Bermudan, European reinsurers to suffer major hit from bridge collapse
5. Tycoon gets death sentence for multi-billion-dollar fraud
6. Inflation drives 10% increase in sum insured for windstorms

Help

Nearly 40% of European firms have no data breach response: Study

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources