New report finds cybersecurity investment generates substantial ROI as large firms fend off rising cyberattacks.
ESI ThoughtLab, along with Verizon and a group of cybersecurity advisors release findings from study of 1,009 of the world’s largest firms. A comprehensive study conducted by ESI ThoughtLab reveals that increased investment in cybersecurity can generate a significant ROI of 179% and provide greater protection as companies cope with the fallout from COVID-19.
The study benchmarked the cybersecurity investments, practices, and performance metrics of 1,009 firms across 13 industries and 19 countries to identify the most effective approaches for mitigating cybersecurity risks and losses. This ground-breaking research was conducted in conjunction with an advisory group of cybersecurity, cyber insurance, and technology specialists, including Verizon Business, AIG, KnowBe4, Optiv, Fiserv, Cowbell Cyber, Arceo.ai, and Edelman.