cognitive cybersecurity intelligence

News and Analysis

Search

Expert explains how financial loss from data breaches can be mitigated

Data breach incidents in the U.S. rose eightfold between 2005-2018, costing companies millions, according to the Identity Theft Resource Center and The Ponemon Institute. Singapore Management University research argues that such financial damage could be mitigated through long-term investment in cybersecurity, realigning incentives and fostering a corporate culture that values sustainability over short-term gains. The study also suggests companies could cultivate an investor base that embraces long-term strategies and responsible business practices.

Source: phys.org –

Subscribe to newsletter

Subscribe to HEAL Security Dispatch for the latest healthcare cybersecurity news and analysis.

More Posts