Stop Viewing Cybersecurity as an Expense
Nine. Million. Dollars. Well, $9.44 million to be exact for your average data breach according to the latest report from IBM, Cost of a Data Breach Report 2022. From 2017 to 2022, that number has only continued increasing from $7.35 million, an almost 30% increase in just five years. For a small company, a security breach can be the difference between staying open or closing the business. And for a Fortune 500 enterprise, that cost will be more severe.