{"id":14812,"date":"2018-04-30T09:16:31","date_gmt":"2018-04-30T09:16:31","guid":{"rendered":"http:\/\/www.ceo-na.com\/?p=14812"},"modified":"2018-08-24T18:56:32","modified_gmt":"2018-08-24T18:56:32","slug":"cybercrime-price-rise","status":"publish","type":"post","link":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/business\/management-leadership\/cybercrime-price-rise\/","title":{"rendered":"Cybercrime: A price on the rise"},"content":{"rendered":"

After 5 years, cybercrime is taking a larger toll than ever on organizations.<\/strong><\/em><\/p>\n

<\/p>\n

Cybercrime is costing 11.7 million dollars each year to organizations.<\/p>\n

The \u201cCost of Cyber Crime Study\u201d<\/a>, which studied surveys in over 2,100 security and IT professionals in 254 organizations, revealed the price of cybercrime has risen over 60% in the last 5 years.<\/p>\n

Barely one year ago, in 2016, the cost of cybercrime topped in 9.5 million, showing a violent blow upwards of 23% over the past year alone.<\/p>\n

Data from the index proved a company can suffer 130 breaches per year, almost double of what a company could have been damaged 5 years ago.<\/p>\n

Companies in the financial services and energy sector are the most vulnerable when it comes to a hit, as over 18 million dollars are at risk for the organization when this occurs.<\/p>\n

U.S.A.: The largest cybercrime market<\/strong><\/h6>\n
\"\"<\/a>

Research shows an average company suffers 130 #security breaches per year, up 27.4 percent over 2016. Image credit: Accenture<\/p><\/div>\n

United States leads the list of the most affected countries by cybercrime, as 21.22 million are spent to resolve all types of cyber-attacks, according to Accenture and Ponemon Institute.<\/p>\n

Australia, on the other hand, reports the lowest total average cost as 5.41 million are destined to reduce the impact of these crimes.<\/p>\n

The United Kingdom faced its lowest change and Japan experienced the third highest increase in the survey.<\/p>\n

The main impacts<\/strong><\/h6>\n

Such research concluded that there are four main impacts that organizations see during an attack, these are:<\/p>\n