The Immeasurable Cost of Data Breach (TechWire Asia)


Because data is effectively the new currency of commerce, cybersecurity breaches which involve data exfiltration, or cyber attacks which prevent access to data for normal working, cost enterprises trillions of dollars each year. The veracity and variety of cybersecurity attacks have a range of effects, but the cumulative total can usually be added up in real dollar value, even though the purpose of the cyber attack might not necessarily be economic.