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The True Cost of a Security Breach

There have been many articles about the cost of a security breach. With the emergence of privacy regulations that assign penalties based on a business’ profit, or those that calculate a value for each compromised record, it is possible to calculate the cost of a breach based on those metrics. However, it would seem that these hard numbers are not detailed en
Publish At:2022-07-06 01:06 | Read:847951 | Comments:0 | Tags:IT Security and Data Protection cost data breach data securi

The actual cost of a breach – reputation, loss of customers, fines, suspension of business

According to IBM’s Cost of a Data Breach report In 2021, data breach costs rose from $3.86 million to $4.24 million, exhibiting the highest average total cost in the 17-year history of their report.A new report from the Department for Culture, Media, and Sport (DCMS) has revealed that data breaches have become more costly for medium and large businesses in t
Publish At:2022-06-21 02:14 | Read:412996 | Comments:0 | Tags:Featured Articles IT Security and Data Protection cost data

Ransomware costs show prevention is better than the cure

If your company is worried about the financial hit of paying a ransom to cybercriminals after a ransomware attack, wait until they find out the true cost of a ransomware attack. Because the total costs of recovering from the ransomware attack are likely to be much, much higher.That’s the finding of a new study by researchers at Check Point, who discove
Publish At:2022-04-29 11:15 | Read:340127 | Comments:0 | Tags:Featured Articles IT Security and Data Protection cost cyber

The Center for Internet Security (CIS) Use Cases and Cost Justification

Vince Lombardi, the famous football coach, used to start his training camp each season with a talk about doing the basics. He’d tell the players that they start with the basics, then he’d take a football and hold it up and tell them, “This is a football.”  In football, as in life and IT Security, starting with the basics is the most important step you can ta
Publish At:2020-08-07 00:40 | Read:388379 | Comments:0 | Tags:Featured Articles Security Controls audit Center for Interne

Disposable Computing is the Answer to Cyber Security for Business

Disposability has become a regular thing in our lives; but you may have taken for granted the value it brings. Cost, convenience and risk are the cornerstones of successful disposability. Disposable computing offers a solution to cyber security and provides you with valuable threat information. This is the first in our two-part series on disposable computi
Publish At:2017-06-21 04:35 | Read:400088 | Comments:0 | Tags:Innovation computing convenience cost disposable end users I

The cost of a breach

The cost of a breach I always find this sort of statement totally absurd.The average for which companies?all companies?some companies?which companies?The average of which breaches?all breaches?some breaches?which breaches?which of the unreported breaches are included and which are excl
Publish At:2014-09-21 18:10 | Read:188701 | Comments:0 | Tags:Expert Views Kevin Townsend's opinions breach breaches cost


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