IDG Contributor Network: Traditional cyber solutions are the answer when used in the right way

CSO Online

Security / CSO Online 45 Views 0

A recent report by the White House Council of Economic Advisers revealed that malicious cyber activity cost the U.S. economy between $57 billion and $109 billion in 2016. A 2017 report, published by Accenture and the Ponemon Institute, said organizations are spending 23 percent more on cyber-crime than they spent last year, equaling $11.7 million, on average. Let’s face it. Cyber security, whether it’s investing in cyber technologies and manpower, responding to incidents, suffering losses from a breach, or managing post breach cleanup, is expensive.

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