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Cyber Security

ThreatList: $1.7M is the Average Cost of a Cyber-Attack

Radware’s 2018-2019 Global Application and Network Security Report analyzed vendor-neutral survey data from 790 IT executives. There has been a 50 percent growth in organizations that estimate the cost of an attack to be greater than $1 million. The majority (78 percent) of respondents hit by a cyberattack said they experienced service degradation or a complete outage (almost half, 45 percent, reported that the goal of the attacks they suffered was to cause just that). Data leakage and information loss remain the biggest concern to more than one-third of businesses, followed by service outages.

Source: https://threatpost.com/threatlist-cost-cyber-attack/140870/

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