Dr. Larry Ponemon, Ponemon Institute
Don’t miss the results presentation of the 3rd Annual Cost of Cyber Crime Study, conducted by Ponemon Institute, sponsored by HP Enterprise Security. This research indicates that both the cost and frequency of cyber crime have continued to rise for the third straight year. According to this study of a benchmark sample of U.S. organizations, the occurrence of cyber attacks has more than doubled during this period, while the financial impact has increased by nearly 40 percent. This year’s study found that the average annualized cost of cybercrime incurred was $8.9 million. This represents a six percent increase over the average cost reported in 2011, and a 38 percent increase over 2010.
Attend this webinar and learn about how:
•Information theft and business disruption continue to represent the highest external costs.
•Recovery and detection remain the most costly internal activities associated with cyber crime.
•Deploying advanced security intelligence solutions can mitigate the impact of cyber attacks.