Targeted Attacks Cost Companies an Average of $200k

As reported in SC Magazine, the result of not bulking up information security efforts could cost companies more than $200,000, a study reveals.

Independently conducted by the Ponemon Institute, the “Impact of Cybercrime on Businesses” survey states that targeted attacks cost enterprises an average of $214,000. The expenses are associated with “forensic investigation, investments in technology and brand recovery costs,” the article says.

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