Arizona has lost $1B from data breaches since 2005

By Jerod MacDonald-Evoy  | Arizona Mirror

Researchers say data breaches have cost Arizona an estimated $1.6 billion since 2005. Across the entire nation, more than 11 billion records have been exposed by more than 12,000 data breaches since 2005, according to CompariTech.

The average cost of each stolen record is $150, a study by IBM found, which examined how companies react to data breaches. 

This means that the United States has lost roughly $1.66 trillion dollars from data breaches since 2005, with $1.6 billion of that coming from Arizona. 

Arizona has had 181 data breaches in the last 15 years, resulting in a total of 10.9 million records being either lost or stolen.

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