Data breaches tend to result in a fall in company share prices when the news leaks, often by as much as 5%, the identity access management company Centrify claims.

Forty percent of the Australian IT practitioners surveyed said their organisations had experienced data breaches involving loss or theft of more than 1000 records containing sensitive or confidential customer or business information in the two years preceding.

Source: iTWire – Data breaches can hit share prices, survey claims