Cyberattacks now cost $1.1M for the average business

The report found… the top impacts being operational/productivity loss (54%), negative customer experiences (43%), and brand reputation loss (37%).  … These IT leaders perceive the goals of the attacks to be service disruption (45%), data theft (35%), unknown reasons (11%), or espionage (3%). …Some 21% of businesses experience daily cyberattacks, up from 13% last year, the report found. Another 13% said they were attacked weekly, 13% said monthly, and 27% said once or twice a year. Only 7% of organizations said they have never been attacked…

TechRepublic.com click the link to read the rest of the story.

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