Data leaks cause more damage to corporate businesses every year

 

Data Leaks

Corporate operations with a security operations center (SOC) estimate that the damage caused by a cyber attack will be $ 675,000.

Data leaks are becoming more expensive each year for enterprise companies. Kaspersky’s BT IT security economy in 2019: How do companies lose money and reduce costs between cyber attacks? Milliyet The cost, which was the US $ 1.23 million in the previous year, rose to US $ 1.41 million in 2019.

Large corporate companies have begun to invest more in cybersecurity as a precaution. Corporate IT security budgets, which averaged the US $ 8.9 million in 2018, reached the US $ 18.9 million this year.

 

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The report shows that investments in security software and IT security professionals have been reimbursed. Companies with their own security operations centers are less affected by data leaks.

Corporate businesses can limit the financial impact of data leaks by establishing a security operations center responsible for the continuous monitoring of security incidents and incident response. Having a security operations center reduces the risk of data leaks to 675,000 US dollars.

Establishing a security operations center is also profitable for larger SMEs (with 500+ employees). While companies of this size suffered an average loss of US $ 129,000 due to data leakage, they can reduce this loss to an average of US $ 106,000 when they establish a security operations center.

Data Leaks Data Leaks an average of US $ 106,000 when they establish a security operations center. an average of US $ 106,000 when they establish a security operations center. an average of US $ 106,000 when they establish a security operations center. an average of US $ 106,000 when they establish a security operations center. an average of US $ 106,000 when they establish a security operations center. an average of US $ 106,000 when they establish a security operations center.

Data Leaks Cause More Damage To Corporate Businesses Every Year
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