Feb 4 2009 4:03PM GMT

Data breach cost analysis

Jessica Scarpati Profile: Jessica Scarpati

Larry Ponemon of the Ponemon Institute explains his firm’s Cost of Data Breach study. While costs are increasing, companies are struggling to avoid a second breach. Also, Henry Helgeson, CEO of payment processor Merchant Warehouse, talks about PCI and encryption in the wake of the Heartland breach.

Program links:

Data breach costs rise as firms brace for next loss: Companies are struggling to prevent data breaches, according to a new survey that found most firms are dealing with multiple breaches.

First lawsuit filed in Heartland data security breach: A class action lawsuit was filed against Heartland claiming that the payment processor issued belated and inaccurate statements when it announced a security breach of its systems.