#financialimpact — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #financialimpact, aggregated by home.social.
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Ransomware Costs Exceed Ransom Payments
The real cost of ransomware goes far beyond the initial payment, with average incidents costing a whopping $5.08 million - a number that dwarfs the median ransom payment of $139,875. Downtime is a major culprit, with organizations often underestimating the hours and days of lost productivity that add up to a hefty bill.
#Ransomware #FinancialImpact #Downtime #DataBreach #CostOfADataBreachReport
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Cyber-Attacks Inflict $52,000 Average Cost on Organizations
Cyber attacks aren't just a minor setback - they can cost organizations around $52,000 on average, causing widespread disruption to services, employees, and customers. A recent report found that nearly a third of organizations globally fell victim to at least one successful cyber attack in the past year alone.
#CyberAttacks #FinancialImpact #EmergingThreats #CyberReadiness #OrganizationSecurity