Study says cost of cybercrime rose 6 percent in 2012

Study shows an annualized average loss of $8.9 million

There was a time when the enterprise might ensure its safety from electronic risks using a basic anti-virus program and the vigilant eyes of an IT intern. But in a world of constant cyber-risk, those days are long gone, and the need for specialists and investment is increasing.

A recent study sponsored by HP and conducted by the Ponemon institute showed that cybercrime damages are a multi-million dollar threat to enterprises and it can require considerable investment to reduce their risk.

Executive Editor

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Chris DiMarco

Chris DiMarco, Executive Editor of InsideCounsel magazine, has a background in multimedia production with previous involvement in projects in which he developed and created content...

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