Cyberattacks are on the rise for Australian organisations, experiencing an 18% increase in the number of security breaches in 2018, according to new research published by Accenture and Ponemon Institute. The study shows Australian companies experienced an average of 65 security breaches in 2018, compared to an average of 53 in 2017.
Ninth Annual Cost of Cybercrime Study
The ninth annual cost of cybercrime study helps to quantify the economic cost of cyberattacks by analyzing trends in malicious activities over time.
By better understanding the impact associated with cybercrime, organizations can determine the right amount of investment in cybersecurity.
Looking back at the costs of cybercrime to date is helpful—but looking forward, so that business leaders know how to best target their funds and resources, is even more beneficial. This report does just that.
By understanding where they can achieve value in their cybersecurity efforts, business leaders can minimize the consequences—and even prevent—future attacks.