Cyber Attacks Cause $500,000 in Damages
11% of cyber attackes have caused more than $500,000 in measurable damages. 54% of organizations have experienced cyber attacks, according to a national survey.
11% of cyber attackes have caused more than $500,000 in measurable damages. 54% of organizations have experienced cyber attacks, according to a national survey. 21% of cyber attacks have caused more than $100,000 in damages.
The 1st Annual Enterprise Security Survey has indicated that a vast majority of businesses have experienced some form of cyber attack in the past year.
Additionally, the survey has found a trend in the change in security spending habits due to government regulations such as HIPAA and Sarbanes Oxley.
Peter Rendall, president and CEO of Top Layer Networks, said: “It’s clear that today’s organization is becoming more security-aware as they become increasingly inter-connected with customers and partners via the Internet”.
Rendall added, “In addition to the recent emphasis on regulatory compliance, new fast-emerging complex cyber threats are driving organizations to formalize their IT security policies and deploy new technologies that help ensure business operations continue uninterrupted.” [source]
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