Privacy Breach

How much would a customer privacy breach impact your business? Most businesses are not aware of the many factors that can contribute to the financial impact of a data privacy breach.

We have a number of clients that deal with highly sensitive customer data. Many of you have databases containing credit card numbers, social security numbers and many other highly personal, highly sensitive bits of data.

Matt Henriod in our office recently found a Privacy Breach Impact Calculator that can help you determine just how much that recent privacy breach may cost you or how much a theoretical breach could impact your business. I spent some time on the calculator (provided by Information Shield™ — no affiliation to Diversified Insurance) and it appears to be quite comprehensive and potentially very useful. Take a look HERE.