Rising cost of breaches forces organizations to rethink cybersecurity
Posted by:
John Harrison
Cybersecurity breaches can lead to significant financial losses for organizations, with threat actors engaging in malicious activities like ransomware attacks and impersonation. Responding to these incidents also incurs costs, diverting resources from essential IT functions. To effectively combat these threats, organizations should focus on the most impactful attack patterns prevalent in their industry. Ransomware and pretexting are highlighted as costly and common threats, with industries like healthcare and manufacturing being particularly vulnerable. Human error plays a significant role in breaches, emphasizing the need for employee training and robust security solutions. Investing in threat detection and perimeter security is crucial to reducing financial risks associated with breaches.
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