Legend
Mean = 26.4%
n = 254 companies
Over the last two years, the accelerating cost of cyber crime has increased %23 costing organizations US$11.7 million on average, in managing incidents or spending to recover from disruptions to their business and customers. Attackers are getting smarter and finding it easier to develop new tactics to scale cyber crime globally
The cost of cyber crime is also influenced by the frequency of attacks. This graph shows the cost of cyber crime and attack frequency. The most expensive attacks are malicious insiders, denial of service and Web-based attacks.
Investments in various cyber solutions has a positive ROI for organizations. It’s vital to determine the security solutions needed for your organizational needs which will provide the highest cost savings and return on your investments.
Many businesses tend to invest & focus more on technology controls rather investing in building expertise to combat cyber threats. These controls have never been enough to stop a sophisticated attacker with malicious intent. It is best to establish requirements for risk tolerance and set risk appetite holistically for critical business processes, handling sensitive information and to educate users to follow strict policies laid out in the governance process.
Big data and SAP go hand and hand but what nobody talks about is, how crucial cybersecurity element is in SAP. At ZARTEK we have achieved a workflow and a proven state of the art system that help provide ERP/SAP solutions to enterprises/our client but also do it with the highest security protocols and standards.
