The Ponemon Institute’s 2012 Cost of Cyber Crime Study sponsored by HP has just been released with some very interesting data. The increasing costs found in this study would argue for additional protections beyond what most organizations are using.
Here are some summary points from the study:
Research from the Ponemon Institute confirms the need for improved security. Organizations are being bombarded with cyberattacks yet continue to spend the majority of their internal costs on recovery and detection, but a new paradigm is needed: prevention.
Arellia continues to promote proactive measures as an additional, more effective method of securing information systems. With two of the four cybercrime activities, Arellia recommends:
Prevention of one cyberattack would pay for the software, services, and personnel costs associated with deploying privilege management, whitelisting, and administrator account management solutions. It is time for better risk mitigation.
About Arellia: Arellia provides solutions for privilege management, application whitelisting, securing local administrator accounts, and compliance remediation. Arellia products are integrated with the Symantec Management Platform and sold through Symantec.