Data breach costs - Articles - Page 4

Q&A: How Can SMBs Keep Up with Cybersecurity Risks?

Cisco's Paul Barbosa outlines the key takeaways and surprises from the 2018 SMB Cybersecurity Report

October 1, 2018

More than half of all cyberattacks result in financial damages over $500,000, including lost revenue, customers, opportunities and out-of-pocket costs. That’s enough to put an unprepared small- to mid-sized business out of operation.

Nearly Half of All Cyberattacks Result in Damages over $500,000

April 1, 2018

Hackers are outpacing and adapting their techniques at a faster pace than defenders, and nearly half of all cyberattacks are resulting in financial damages over $500,000, including lost revenue, customers, opportunities and out-of-pocket costs.

Cybe Security Budget Chart - Security Magazine

Despite Attention on Cyber Issues, Additional Funding is Scarce

April 1, 2018

Need more cybersecurity budget? It might take a breach to get you there.

Virtualization: A Battlefield for Security Leaders

Liviu Arsene

October 5, 2017

The increasing adoption of hybrid cloud – a mix of public cloud services and privately owned data centers, already in place for 70 percent of companies on a global level – is giving rise to new security challenges and prompting CISOs to adopt different technologies to fight zero-day exploits, advanced persistent threats, and other devastating types of cybercrime.

How to Shop for a Cyber Insurance Policy

Anita Sathe

April 6, 2017

To select the most comprehensive yet affordable cyber insurance plan for your business, it’s critical to first identify who is accessing your confidential data and how they’re accessing it, as this information will largely dictate how your cyber insurance policy is outlined. Ensure your effective policy includes these six key components.

Cyber Insurance: What Are You Missing?

Steven Chabinsky

April 1, 2017

It’s been nearly two years since we addressed cyber insurance in the Cyber Tactics column, so I decided to get an update from Bob Parisi, Managing Director at Marsh.

Cybersecurity Insurance: Smart Investment?

Sarah Sameei

February 28, 2017

A study conducted for Hiscox shows that, out of 3,000 companies in the U.S., UK and Germany, slightly more than half (53 percent) of these organizations are not prepared to effectively handle a cyber-attack.

Measuring the Impact of Cyberattacks: Lost Revenue, Reputation & Customers

February 2, 2017

CISOs are feeling the pressure when it comes to cybersecurity management, but new data from Cisco’s annual report may help in getting them the buy-in they need.

Combating Complacency: Getting the Most Out of Your Data Breach Response Plan

Not only does a data breach plan need to be in place, it also needs to be dynamic and highly flexible.

Michael Bruemmer

January 1, 2017

This fall, the Ponemon Institute released its Fourth Annual study, Is Your Company Ready for a Big Data Breach? on data breach corporate preparedness, which revealed that 52 percent of companies experienced data breaches just this past year alone.

Cyber Insurance Rates, Purchases and Coverage Are Increasing

June 1, 2016

Cyber insurance purchases are on the rise. According to Marsh’s 2016 Cyber Benchmarking Trendsreport, there was a 27-percent increase in the number of U.S. clients purchasing standalone cyber coverage for the first time in 2015.