A security manager is trying to calculate the expected monetary loss from data breach incidents that historically happen twice each fiscal year. If the average cost for each data incident is estimated to be $50,000, what is the BEST estimate for the yearly financial impact of these breaches?
The yearly financial impact is estimated to be $200,000.
The yearly financial impact is estimated to be $50,000.
The yearly financial impact is estimated to be $100,000.
The yearly financial impact is estimated to be $25,000.