Cybersecurity threats aren’t just concerns for national governments. They can and do impact countries of all sizes. Whether they are intended to steal sensitive corporate secrets, steal payment information, or disrupt service and take down websites, cyber-risks can pose significant financial, regulatory, and logistical challenges for businesses of all sizes.
Costs of Cyberthreats
When considered holistically, the cyberattacks themselves are only a portion of the costs. We can think of three separate buckets of cybersecurity costs: money spent on preventing attacks, the costs of the attacks themselves, and recovery from attacks.