The Cost of Cyber Crime: Calculating the Economic Consequences
Cyber crime can do serious harm to an organization’s bottom line, but how severe are the potential economic consequences? In the First Annual Cost of Cyber Crime Study, sponsored by ArcSight and independently conducted by Ponemon Institute, found that the median annualized cost of cyber crime of the 45 organizations in the benchmark study is $3.8 million per year, but can range from $1 million to $52 million per year, per company.
In this session, Dr. Ponemon will present the most interesting and surprising findings from the study and how companies can calculate the potential financial impact to their organizations.
Key takeaways from this webinar:
• The inside story of how the Cost of Cyber Crime Study was conducted.
• The most disastrous cyber attacks faced by companies in our study and why.
• The best approaches to reduce the threat of cyber crime.
• How this study can help organizations determine the appropriate amount of investment and resources needed to prevent or mitigate the devastating consequences of an attack.
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