Posted on Mar 7, 2016
An "Average" Cyber Crime Costs a U.S. Company $15.4 Million. What is the remedy ?
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The cost of cyber crime is skyrocketing.
A new study shows a cyber crime incident in the United States costs a company an average of $15.4 million, an increase of 19%.
Cyber crimes in the United States are much costlier on an average basis than any other country surveyed. In fact, the average cost of a cyber crime incident throughout the world is $7.7 million. Germany & japan follow US in costs.
A new study shows a cyber crime incident in the United States costs a company an average of $15.4 million, an increase of 19%.
Cyber crimes in the United States are much costlier on an average basis than any other country surveyed. In fact, the average cost of a cyber crime incident throughout the world is $7.7 million. Germany & japan follow US in costs.
Posted in these groups: 
CyberCrime and Criminal Intelligence Analyst
Crime
25D: Cyber Network Defender
17A: Cyber Warfare Officer
CyberCrime and Criminal Intelligence Analyst Crime 25D: Cyber Network Defender 17A: Cyber Warfare Officer
Posted 10 y ago
Responses: 4
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Gayane Badalian-Very MD. Ph.D
I agree,... The fear of capital punishment would definitely have an effect...
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PO1 William "Chip" Nagel
For the Record and Full Disclosure, I was a Black Box Man/Capt'n Cruncher (Predecessor to Hackers) before the Navy Hired me and made me a COMSEC Communications Security Man.
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Gayane Badalian-Very MD. Ph.D
As long as they change sides and turn to white hat I assume a package could be negotiated...
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For consumers, one of the most troubling statistics is that it can take up to 46 days for companies to resolve security incidents. Cyber crime is estimated to cost 1.9 trillion Dollars at 2017.
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