Techstination, your destination for gadgets and gear. I’m Fred Fishkin. We’re all paying the price for cyber-attacks. A new IBM security report finds that the costs of ransomware and other data breaches….which often run into the millions of dollars….are being passed along, increasingly, to consumers. Limor Kessem is principal consultant in cyber crisis management with IBM Security…
“Like paying a cyber tax..it’s not a hard math to make. Basically, a cyber-attack comes along…it’s always an unexpected event that ends up costing a lot of money. On average this year, we’re at 4.35 million dollars. That is 13 percent over the past two years that the cost of a cyber breach have risen.”
There are steps that businesses can take to prepare for and battle against the attacks. Find more at www.ibm.com/security.
You can find us at Techstination.com. I’m Fred Fishkin.
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