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From course:

ICE CONSULTING

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Question:

SECURITY ISSUES

Author: James Williams



Answer:

WHO reported a 5 fold increase in cyberattacks in 2020 Average cost of 1 data breach: 3.86 million Average total cost of data breach for companies with < 500 employees: 2.67 million PII (Personally Identifiable Information) was the most frequently compromised type of record, and the costliest at $150 a record. - The Ponemon Institute and IBM Security 48% of businesses have reported a security breach since the outbreak of COVID-19 Another 8% said that they do not know - Secure Age Loss of intellectual property Years of research down the drain Damage to your brand and reputation Cancelled deals and partnerships Millions in lost productivity and legal/remedies expenses Disclosure requirements imposed by your clients and governments intellectual property


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