We are coming closer to the point where a cyber-attack will cost every large business more than $1 million. According to a new Kaspersky Lab report, a single cyber-security incident now costs a large business, on average, $861,000. Small and medium-sized enterprises (SME) pay ten times less, on average -- $86,500. The new report also stresses, once again, how costs go up the longer the threat remains unseen. For an SME, it will have to pay 44 percent more to recover from a week-old attack, compared to the one spotted on the first day. Among large companies, the percentage sits at… [Continue Reading]
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