Will HMRC breach cost £625 million?

Analysis: With a study showing the average cost of a data breach is £47 per record compromised, high profile public sector data losses, such as the recent CD loss at Revenue and Customs, will likely create financial woe for taxpayers.

suggested the average cost per record of a data breach is 47

McAfee's

Symantec

Quocirca

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HMRC Child Benefit Records: 625 million

HMRC and Standard Life: 825,000

Marks and Spencer: 1.5 million

Nationwide: 605 million

Skipton Financial Services: 770,000

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