Breakdown of Daily Costs:
-
Lost Revenue: $0
see formula
-
Lost Productivity: $0
see formula
Formula: Number of Employees * Average Hourly Wage * Productivity Impact * 8 hours
Productivity Impact: Percentage of work reliant on IT systems (e.g., 75% for most industries).
-
Transaction Recovery: $0
see formula
Formula: Average Daily Transactions * Cost per Transaction
Cost per Transaction: Industry-specific recovery cost (e.g., $50 for finance).
Breakdown of One-Time Costs:
-
PII Breach Costs: $0
source
see formula
Formula: Number of PII Records at Risk * Cost per Record
Cost per Record: Industry-specific breach cost (e.g., $211 for finance).
-
Regulatory Penalties: $0
source
see formula
Formula: Annual Revenue * Regulatory Fine Percentage
Regulatory Fine Percentage: Industry-specific fine rate (e.g., 4% for finance under SOX/GLBA).
Note: These calculations are estimates based on industry averages and may not reflect your specific situation. Consult a professional for accurate assessments.
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