The Business of Cybersecurity

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If you are surprised to learn that E. J. Ourso College of Business students were part
of the team helping small businesses through the LSU Cybersecurity Clinic, you are
not alone.

Many see cybersecurity as strictly a technological problem, but E. J. Ourso College
faculty and students are challenging that assertion, and with good reason. According
to 2022 IBM statistics, the average data breach in the US costs $9.44 million; the
same report estimates that a ransomware attack costs $4.54 million, while destructive
attacks cost an average of $5.12 million. These figures prove that cybersecurity is
indeed a business concern. 

“Business students are essential in bridging the gap between technical findings and
business implications in the LSU Cybersecurity Clinic and the professional world,”
said Alissa Lankford (2023 BS MGMT, 2024 MBA). “We conducted cyber risk assessments
to…

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