ComputerWeekly.com Research Library

Powered by Bitpipe.com

Posted:
Oct 25, 2012
Published:
Oct 25, 2012
Format:
PDF
Type:
Research Content
Language:
English

See all research from ComputerWeekly.com

  • 2012 Cost of Cyber Crime Study: UK

    Sponsored by: ComputerWeekly.com

    The 2012 Cost of Cyber Crime Study: United Kingdom is independently conducted by Ponemon Institute. The benchmark study, sponsored by HP Enterprise Security is based on a representative sample of 38 organisations in various industry sectors.

     

    Cyber attacks generally refer to criminal activity conducted via the Internet. These attacks can include stealing an organisation’s intellectual property, confiscating online bank accounts, creating and distributing viruses on other computers, posting confidential business information on the Internet and disrupting a country’s critical national infrastructure.

     

    Disruption to business processes and revenue losses create the highest costs for organisations following a cyber attack.

     

    Key takeaways from this report include:

     

    • Cyber crimes are costly. We found that the average annualised cost of cyber crime for the 38 organisations in our study is £2.1 million per year, with a range of £.4 million to £7.7 million.

     

    • Cyber attacks have become common occurrences. The companies in our study experienced 41 successful attacks per week or 1.1 successful attacks per organisation per week.

     

    • The most costly cyber crimes are those caused by malicious insiders, denial of services, and malicious code. Mitigation of such attacks requires enabling technologies such as SIEM, intrusion prevention systems, application security testing and enterprise governance, risk management and compliance (GRC) solutions.

     

    Click on the button to download this report

     

     

    Ponemon Institute is dedicated to independent research and education that advances responsible information and privacy management practices within business and government. Our mission is to conduct high quality, empirical studies on critical issues affecting the management and security of sensitive information about people and organisations.

Bitpipe Definitions: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Other

What's Popular at Bitpipe? Daily Top 50 Reports | Daily Top 100 Topics | Popular Report Topics

ComputerWeekly.com Research Library Copyright © 1998-2014 Bitpipe, Inc. All Rights Reserved.

Designated trademarks and brands are the property of their respective owners.

Use of this web site constitutes acceptance of the Bitpipe Terms and Conditions and Privacy Policy.