The Ponemon Institute has just released the 6th annual report on the cost of cyber crime. The report notes that the average cost of a cyber attack has climbed significantly, and is now $12.7 million. Resolution times have also increased significantly, 32 to 45 days a 41% increase. In 60% of cases attackers are able to compromise an organization within minutes. To accelerate response times, organizations must take three key steps: detection, investigation and preparation. Security policies, guidelines and action plans must be defined in advance.”]
Source: https://informationsecuritybuzz.com/articles/improving-breach-response-times-and-recovery-costs/