Category Archives: Cost of a Data Breach

Was the digital transformation worth it, security-wise?

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Not long ago, the corporate world was enthralled with the promise of digital transformation. But in the midst of the digital revolution, people were paying less attention to security than they probably should have. The business advantages of digital transformation may be obvious. So how do we account for the associated security risks and costs? […]

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Spend to save: The CFO’s guide to cybersecurity investment

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Attack volumes are up, and attackers are finding new ways to compromise corporate security. According to the HackerOne 6th Annual Hacker-Powered Security Report, ethical hackers found 65,000 vulnerabilities in 2022. What’s more, 92% of hackers said they could pinpoint weaknesses that scanning tools missed, making reliance on detection technology alone a dangerous prospect. At the […]

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AI reduces data breach lifecycles and costs

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The cybersecurity tools you implement can make a difference in the financial future of your business. According to the 2023 IBM Cost of a Data Breach report, organizations using security AI and automation incurred fewer data breach costs compared to businesses not using AI-based cybersecurity tools. The report found that the more an organization uses […]

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Is Your Critical SaaS Data Secure?

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Increasingly sophisticated adversaries create a significant challenge as organizations increasingly use Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS) and Infrastructure-as-a-Service (IaaS) to deliver applications and services. This mesh of cloud-based applications and services creates new complexities for security teams. But attackers need only one success, while defenders need to succeed 100% of the time. Organizations are contending with […]

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The One Place IT Budget Cuts Can’t Touch: Cybersecurity

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If IT spending is slowing, will business leaders follow a similar approach for cybersecurity budgets? Probably not. Gartner predicts that end-user spending on both security technology and services will see an annual growth rate of 11% over the next four years. And the market is anticipated to reach $267.3 billion in 2026.  Many security professionals […]

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The Importance of Modern-Day Data Security Platforms

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Data is the backbone of businesses and companies everywhere. Data can range from intellectual property to critical business plans to personal health information or even money itself. At the end of the day, businesses are looking to grow revenue, innovate, and operationalize but to do that, they must ensure that they leverage their data first […]

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How to Solve the People Problem in Cybersecurity

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You may think this article is going to discuss how users are one of the biggest challenges to cybersecurity. After all, employees are known to click on unverified links, download malicious files and neglect to change their passwords. And then there are those who use their personal devices for business purposes and put the network […]

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3 Reasons to Make EDR Part of Your Incident Response Plan

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As threat actors grow in number, the frequency of attacks witnessed globally will continue to rise exponentially. The numerous cases headlining the news today demonstrate that no organization is immune from the risks of a breach. What is an Incident Response Plan? Incident response (IR) refers to an organization’s approach, processes and technologies to detect […]

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A Perfect Storm: 7 Reasons Global Attacks Will Soar in 2023

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In 2023, the global annual cost of cyber crime is predicted to top $8 trillion, according to a recent Cybersecurity Ventures report. This seemingly enormous figure might still be a major underestimate. In 2021, U.S. financial institutions lost nearly $1.2 billion in costs due to ransomware attacks alone. That was a nearly 200% increase over […]

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Millions Lost in Minutes — Mitigating Public-Facing Attacks

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In recent years, many high-profile companies have suffered destructive cybersecurity breaches. These public-facing assaults cost organizations millions of dollars in minutes, from stock prices to media partnerships. Fast Company, Rockstar, Uber, Apple and more have all been victims of these costly and embarrassing attacks. The total average cost of a data breach has increased by […]

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