cognitive cybersecurity intelligence

News and Analysis


Top 9 Cyber Risk Scenarios That Can Lead to Financial Loss in 2024 | Kovrr Blog

Cybersecurity initiative planning demands more than technological understanding, it requires convincing stakeholders of the financial consequences of poorly managed cybersecurity. Clear communication can help secure necessary funding, showing how poor cyber risk management can result in financial losses from regulatory fines, data recovery expenses, and extortion payments. Grouping such losses into specific categories, like technology costs and business costs, can help communicate risk more effectively and gain stakeholder support for better cybersecurity strategies.

Source: –

Subscribe to newsletter

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

More Posts