The Ponemon Institute surveyed 50 large companies to determine the losses and expenditures caused by cybercrime. The study indicates that the cost of cybercrime has risen 56 percent since last year’s report. Cybercrimes are those caused by malicious code, denial-of-service, stolen or hijacked devices and malicious insiders. The companies participating in the study experienced 72 successful attacks per week — or more than 1.4 attacks per organization. The average time to contain an attack is 18 days, with an average cost of $415,748 over this 18-day period.”]