NASA
How much is enough when investing in cybersecurity? The question came up in one of two new reports which examine the state of cybersecurity today. Both reports offer up a depth of information, and just as importantly, raise an opportunity for further discussion. The Ninth Annual Cost of Cybercrime study from Accenture Security was conducted by the Ponemon Institute and The 2019 Data Breach Investigations Report comes from Verizon.
Cybersecurity Statistics
Here are a few highlights from the Verizon report:
- 69% of the breaches were perpetrated by outsiders. To that you need to add 2% by partners and 5% by multiple partners. Thirty-four percent involved internal actors.
- 43% of the breaches involved small business victims, while 16% were of public sector entities, 15% in healthcare, and 10% of financial industry organizations.
- 23% involved nation-state or affiliated actors.
- Only 71% were financially motivated while 25% were espionage.
- 56% took months to discover.
The Ponemon report told us:
- Information theft is the most expensive and fastest rising consequence of cybercrime — but data is not the only target. Core systems, such as industrial control systems, are…
