Cisco’s “2020 CISO Benchmark Report” reveals key trends and pain points as companies face issues such as alert fatigue, mobile security, and private cloud security. Security team can lower overall post-breach costs if it collaborates with other teams across the organization. A major incident has the greatest effect on business operations (36%), followed by brand reputation (33%), finances (28%), intellectual property (27%), and supplier relationship (26%), researchers found. The amount of companies receiving 5,000 or fewer alerts per day dropped from 50% in 2017 to 36% in 2020.”]
Source: https://www.darkreading.com/cloud/security-networking-collaboration-cuts-breach-cost