An important resource for those who study the impact of data breaches is updated for 2018. The 2018 Cost of Data Breach Study: A Global Overview was released by Ponemon Institute, LLC.
The Ponemon Study covers numerous countries and includes a continuing focus on Canada. Some Canadian statistics show the financial impact of data breaches.
Globally, Canada has the highest direct costs from a breach at $81 USD per record including such items as engaging forensic experts, specialist law firm assistance, purchase of identity protection services and the like. Also Canada had the second highest indirect costs at $116 USD . . . [more]