The true cost of a data breach

Read Debbie Garside’s article about the true costs of a data breach on CSO Online : We have all read the headlines and know that data breaches are costly incidents for businesses and organizations to deal with. And GDPR has been ‘done to death’ with the headlines warning about potential fines of up to €20 million […]

Australian companies can learn from Equifax bill

Read why Itay Glick says that businesses can learn from the Equifax data breach spending on CSO Online : News that Equifax has had to spend US$87.5 million and counting on its recent data breach should serve as a warning to Australian companies as the era of mandatory data breach disclosure approaches.There are encouraging signs that […]

Massive data breach has cost Equifax nearly $90 million

A massive security breach that hit Equifax has cost the US credit bureau nearly $90 million so far, a figure that is set to rise further, its chief financial officer said on Thursday. Read the news about how Equifax data breach has cost the company $90 million on Phys.

2017 U.S. State of Cybercrime Survey Reveals Cyber Attacks Getting More Costly

Cybersecurity remains top of mind with three quarters of security leaders are more concerned about cybersecurity threats now than they were in 2016, according to the 2017 U.S. State of Cybercrime survey. Read about the new  2017 U.S. State of Cybercrime survey which reveals that cost of cyber attacks is getting more costly on Daily […]

A data breach cost $3.6M on average in 2017: 6 things to know

The average cost to recover from a data breach was $3.6 million in 2017, according to AT&T’s cybersecurity insights report. AT&T surveyed 700 people in IT management roles from around the world for its report, “Mind the Gap: Cybersecurity’s Big Disconnect.” Read about the new Mind the Gap: Cybersecurity’s Big Disconnect report by AT&T which reveals that […]

A Dire Need for Proactive Cyber Security Investments: Report

Trend Micro Incorporated released its 2017 Midyear Security Roundup: The Cost of Compromise, detailing the threats from the first half of 2017, which continue to disrupt and challenge IT planning. Read about the new report called 2017 Midyear Security Roundup: The Cost of Compromise by Trend Micro which reveals that their is a dire need for […]

IoT Security Costs are Manageable

Read why Jake Sprouse says that Internet of Things device security has become more critical than ever and why the costs are manageable on EE Times : Gone are the days of security-through-obscurity for connected consumer products. Designers can no longer ignore the risk that a potential security compromise poses to their brands. As a result of […]

Report: Healthcare Organizations Spend $12.5 Million a Year on Cybersecurity

Cybercrime is costing businesses, on average, $11.7 million a year, a 23 percent increase from $9.5 million in cybercrime-related spending last year. The accelerating cost of cybercrime over the past five years also means that the cost of cybercrime has increased 62 percent since 2013, according to the Ponemon Institute’s Cost of Cybercrime Study. Read […]

Too many UK small businesses still aren’t investing in cyber protection

Duo Security, one of the world’s fastest growing cybersecurity companies, in partnership with YouGov, has surveyed 1,009 senior decision makers in small businesses across Britain and found that 38 per cent will spend nothing at all to protect themselves from cybersecurity threats this financial year. Read more about the new report by Duo Security which […]

Cybercrime Costs Each Business $11.7M Per Year

The most expensive attacks are malware infections, which cost global businesses $2.4 million per incident. The average cost of cybercrime in 2017 was $11.7 million per organization, a 23% increase from $9.5 million in 2016 and a 62% increase over the past five years for global businesses. Read about the new report called “The Cost of […]