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Join the Cybersecurity and Incident Response Group on LinkedInAverage cost of a cyber breach increases by a third | Agenda | Insurance Times
The number of medium and large businesses with cyber insurance policies is increasing, as a new government report revealed the average cost of a cyber breach increased by a third. The Cyber Breaches Survey 2019 found where an attack resulted in the loss of data or assets, the average cost rose by more than £1,000 […]
The cost of 2017 data breaches | CSO Online
Ponemon Institute estimates an average breach cost of $3.5 million in 2017, with a 27% probability that a U.S. company will experience a breach in the next 24 months that costs them between $1.1M and $3.8M. If you multiply Ponemon’s estimated per-record cost for a breach, split out by industry vertical, many of the breaches […]
Cybersecurity Incident? That’ll be $200K Please | Bloomberg BNA
Brand new computer: $1,500. Hiring an information technology security administrator: $63,000 a year. Money saved by preventing a cybersecurity incident? Not priceless—it’s actually about $200,000 per event, according to a recent RAND Corp. study. via Cybersecurity Incident? That’ll be $200K Please | Bloomberg BNA