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The consequences of cyber-attacks on companies’ information systems are numerous, financial losses are what we usually measure.

 

For the 2020 Cost of Data Breach Report, Ponemon Institute recruited 524 organizations that experienced data breaches between August 2019 and April 2020. To ensure the research is relevant to a broad set of companies, the organizations in the study comprise of various sizes, spanning 17 countries and regions as well as 17 industries. Their researchers interviewed more than 3,200 individuals who are knowledgeable about the data breach incidents in their organizations.

 

Here are data breach stats:

 

- $3.86 million is average total cost

- 52% breaches are caused by malicious attack

- 280 days is the average time to identify and contain

- USA is the country with the highest cost

- Healthcare is the industry with the highest cost

 

 

What are the basic causes of the attack that led to the breach?

 

The percentages show the most basic attack vectors.

 

What are the basic causes of the attack that led to the breach?

 

The percentages show the most basic attack vectors.

 

19% Cloud misconfiguration

14% Phishing

10% Physical security compromise

5% Business email compromise

3% Social engineering

1% Other

 

The data shown indicate that even the companies that have implemented technical measures to protect information systems are still vulnerable to attack.

As technique and technology advance, so do attackers constantly devise new ways to threaten security. This means that in addition to the standard technical measures we apply, we must apply other measures to reveal the intentions of the attacker.

According to the research, it was concluded that the largest share in cost increase have:

 

1 Complex security systems

2 Cloud migration

3 Lack of qualified security staff

 

Get to know the weaknesses before hackers. Contact experts.

 

 

 

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