Cost of cybercrime surges by 62 per cent in 5 years
Malware infections are the most expensive attacks – costing $2.4 million per incident, according to Accenture and Ponemon Institute
Malware infections are the most expensive attacks – costing $2.4 million per incident, according to Accenture and Ponemon Institute
Data breaches like the one just disclosed by the IRS aren't something any organization wishes for, but there's now even bigger financial incentive to avoid them than in the past.
Businesses are being overwhelmed by large numbers of malware alerts the overwhelming majority of which are never even investigated, a study of US IT security staff experiences by the Ponemon Institute has found.
The "Bring Your Own Identity" (BYOID) trend in which websites let users authenticate using identities established through Facebook, LinkedIn, Google, Amazon, Microsoft Live, Yahoo or other means raises some questions in the minds of IT and business managers. And a survey conducted by Ponemon Institute shows a vast difference in how the IT and business sides think about this so-called BYOID method of authentication.
Regardless of your industry, the size of your organization, or the type of business you have, insider threat is a menacing reality. In most organizations, this threat has been undervalued, underestimated and underfunded. It's the elephant in the room that no one wants to talk about because it means acknowledging that one of your own employees might take you for a ride. And, it requires taking several challenging and, to some, uncomfortable steps to combat.