Tag: Ponemon Institute

IBM Study: Every Data Breach Costs Companies Over $4.2M on Average

IBM Security announced the results of a global study which found that data breaches now cost surveyed companies $4.24 million per incident on average—the highest cost in the 17-year history of the report. Based on in-depth analysis of real-world data breaches experienced by over 500 organizations, IBM said the study suggests that security incidents became more costly […]

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How Do You Budget Cybersecurity Risks vs. Property Risks?

It’s no secret that cybersecurity is becoming a top concern of businesses worldwide, with the threat increasing every day. So why is a recent report showing that companies are budgeting four times more towards property security than cybersecurity?