Skip to content
The Cyber Security Place

Cloud

A serious shortage of cybersecurity experts could cost companies hundreds of millions of dollars

Reported by cnbc.com

Attempted cyberattacks are no longer an “if,” but a “when.” And, for many companies, hackers will win. In the first half of 2018 alone, more than four billion records were compromised to data breaches. That comes at a heavy price, according to a 2018 study by IBM and the Ponemon Institute. The average data breach cost companies $3.86 million, the study found, and large-scale breaches can hit $350 million.

Read the full article at cnbc.com