RealNews

Cybercrime's True Price: Crime May Not Pay, But Someone Has To Pick Up The Cost

All security breaches are arguably a bad thing for a company, but recent empirical evidence suggests that most breaches actually don’t have a significant economic impact in terms of direct expenses imposed on the companies that suffer them. That’s the good news. The bad news is that the indirect costs associated with cybersecurity breaches can lead to significant economic punishment. The financial beating we’re talking about here is over and above what people usually talk about when they discuss the costs of cybercrime. This is because the difficulties of measuring those costs tend to focus any discussion on the more measurable costs–those that are direct expenses. Full Story

OODA Analyst

OODA Analyst

OODA is comprised of a unique team of international experts capable of providing advanced intelligence and analysis, strategy and planning support, risk and threat management, training, decision support, crisis response, and security services to global corporations and governments.