The costs associated with data breaches climb alongside the amount of data managed by the enterprise according to the latest Global Protection Index Snapshot. Organizations are, on average, managing nearly 40% more data than one year ago. And 80% see that data having value. Unfortunately, 81% don’t think their cybersecurity is up to future challenges.
Based on penetration tests and vulnerability assessments, attackers’ costs to compromise a company’s network increases significantly when security is continuously tested, a report finds. Companies that focus on continuously testing their security through automated means and regular penetration testing roughly double the cost to attackers of finding exploitable vulnerabilities in their systems, according to data
The CISO job isn’t to protect the entire business from all threats for any budget. It’s to spell out what level of protection executives can expect for a given budget. Most modern security programs are centered around “maturity” toward compliance to a security framework, or a subjective “expert” opinion. Neither of these approaches can justify
The cost of breaches will rise by two-thirds over the next five years, exceeding an estimated $5 trillion in 2024, primarily driven by higher fines as more jurisdictions punish companies for lax security. Equifax, $700 million. British Airways, $221 million. Marriott, $120 million. Companies are seeing much heftier fines in 2019, and the near future
The sooner a company can detect and respond to an incident, the less likely they are to pay for it, a new IBM-Ponemon study finds. One of the main takeaways from IBM’s latest annual data breach report, released this week, is that a strong incident response capability can help organizations reduce breach costs by more