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Ponemon Institute

Ponemon study shows costs of cybercrime still rising – each attack now costs $1 million

The costs of cybercrime have continued to rise for victims, for the fourth consecutive year, according to a survey conducted by the Ponemon Institute. Each cyberattack now costs companies nearly $1 million to resolve, on average – and the annualized cost to a sample of U.S. organizations was $11.56 million.

Not all Facebook threats are hoaxes…

…the finding that 52% of respondents felt that increased use by their employees of social media had resulted in an increase in attacks from malware seems to me both interesting and significant…

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