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Preparation Cuts Data Breach Costs

An IBM-sponsored global study examining the impact of business continuity management (BCM) on the cost of a data breach, which revealed that companies using business continuity and disaster recovery services reduces the total average time to identify and contain a data breach incident by 78 days, resulting in a total average savings over that response time period of $394,922. The average total cost of data breach with BCM involvement was $3.35 million, significantly less than the $3.94 million cost for companies operating without BCM programs.

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