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The costs of 5 high profile data breaches

I was working on a side project, and I kept running across some interesting statistics regarding the costs associated with some high profile data  breaches.  These include notifying customers and penalties for non-compliance, among other things. For instance, the RSA costs include replacing SecurID tokens. None of these numbers are final at this point, and probably won't be for years.

RSA: $400,000,000
CitiGroup: $2,700,000
Sony: potentially $24,000,000,000 (yikes!)
Epsilon: up to $4,000,000,000
Heartland Payment Systems:$140,000,000 


Here's some other interesting statistics that I've recently found:


Businesses:  90% suffered data breach during last year

Average Cost of 1 Customer Record Breach: $318 and climbing
Average Total Data Breach Costs: $7,200,000


So, what can organizations do to help lower these costs once the barn door has been left open and the horses are running free?  One solution that seems non-intuitive to a lot of companies is simply to take the time to do the proper forensics and only notify the customers whose data was actually accessed. Ultimately, getting it right the first time is both cheaper and more effective. 

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