Ho Ho… How Much For That Cyber-Attack?

In a world already exhausted by the unrelenting pandemic, the holiday season offers the promise of a reprieve for some. Unfortunately, the holiday season is also a time when cyber criminals are particularly active as most people try to unplug and take some well-deserved breaks from work.

To add fuel to the fire, the number and costs of attacks are increasing significantly:

• The number of known cyber-attacks increased by 151% in the first six months of 2021, and the average cost for a data breach was $6.35 million per breach
• A settlement of over $200 million was recently confirmed for the data breaches involving Desjardin

Given the significance of attacks, organizations must take action to mitigate the risks and impact of a successful attack.