Freelance Word Punk

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Tuesday, October 13, 2015

Measuring the costs of cybercrime is a guessing game

Recent research suggests the average annual cost incurred by enterprises in the UK courtesy of cybercrime is a whopping £4.1 million per year. The Ponemon research, 2015 Ponemon Institute of Cyber Crime Study, ended up with the figure by taking the mean from a range of £628,423 to £16 million in costs each year per company. This is all well and good in itself, but if you'll excuse the pun, what does it actually mean?
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Co-founder of IT Security Thing Ltd, Davey Winder is a three time winner of the Information Security Journalist of the Year award (2006/2008/2010) and received the prestigious Enigma Award for his lifetime contribution to information security journalism in 2011.



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