Study Says 90 Percent of Businesses Have Had Cyber Security Breach
A survey of US IT and IT Security professionals, conducted independently by Ponemon Institute and sponsored by Juniper Networks, found the threat from cyber attacks today is nearing statistical certainty and businesses of every type and size are vulnerable to attacks.
Organizations today are experiencing multiple breaches with more than half (59 percent) of respondents citing two or more breaches in the past 12 months. Overall, companies indicate that security breaches have cost them a least half a million dollars to address in terms of cash outlays, business disruption, revenue losses, internal labor, overhead and other expenses. Most respondents (59 percent) report that the most severe consequence of any breach was the theft of information assets followed by business disruption.