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Understand the Cost of Cyber Security Crime

HP Report – Cyber Crime Costs Continue to Grow: “Cyber crimes are growing more common, more costly, and taking longer to resolve. Those are among the findings of the fifth annualCost of Cyber Crime Study conducted by the respected Ponemon Institute on behalf of HP Enterprise Security. The 2014 global study of U.S.-based companies, which spanned seven nations, found that over the course of a year the average cost of cyber crime climbed by more than 9% to $12.7 million for companies in the United States, up from 11.6 million in the 2013 study. The average time to resolve a cyber attack is also rising, climbing to 45 days, up from 32 days in 2013.”

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