Introducing The Cybercrime Equation

The digital age has brought us opportunity.

But as is often the case with opportunity, the digital age also brings us risk.

As former FBI director and current special counsel Robert Mueller is credited with saying: “I am convinced that there are only two types of companies: those that have been hacked and those that will be. And even they are converging into one category: companies that have been hacked and will be hacked again.”

And as is often the case with risk, when a situation escalates from “possibility” into a full-fledged problem, things tend to get expensive. The average cost of a data breach rose 6.4% year-over-year to about $3.9 million in 2018, according to research sponsored by IBM Security and conducted by the Ponemon Institute. ..Read More..

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