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Cybercrime Costs Each Business $11.7M Per Year

The average cost of cybercrime in 2017 was $11.7 million per organization, a 23% increase from $9.5 million in 2016. Malware infections are the most expensive type of attack, at an average of $2.4 million per infection globally. Financial services and energy were the hardest-hit sectors in 2017, with average annual costs of $18.28 million and $17.20 million. Australia reports the lowest total average attack cost at $5.41 million.”]

Source: https://www.darkreading.com/attacks-breaches/cybercrime-costs-each-business-11-7m-per-year

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