

In 2015, commercial corporations paid out nearly $4 million dollars in damages. With a strong cyber security strategy in place, your organization will not be a statistic. According to the Verizon 2015 Data Breach Report, 90% of data breach incidents are caused by employees or vendors who have access to your organization’s network. With insider misuse accounting for only 10% of malicious activity, the connection between IT and compliance is clear: you have a greater chance of protecting your organization (and saving millions of dollars) through comprehensive cyber security training for all of your employees and vendors.
The average total cost of a data breach increased 23 percent over the past two years to $3.79 million.
Actual malfeasance by employees or other insiders account for only 10 percent of data breaches. The rest are caused by misfeasance, or failure to follow established cyber security protocols.
Among business leaders surveyed in 35 countries, only 52 percent said they currently have a cyber security strategy in place.
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