The Second Annual Cost of Cyber Crime Study, sponsored by ArcSight, an HP company, is based on a representative sample of 50 organizations in various industry sectors. While the research focused on organizations located in the United States, many are multinational corporations. For consistency purposes, the benchmark sample consists of only larger-sized organizations (i.e., more than 700 enterprise seats).
Despite widespread awareness of the impact of cyber crime, cyber attacks continue to occur frequently and result in serious financial consequences for businesses and government institutions. Key takeaways from this report include:
Similar to last year, the purpose of this benchmark research is to quantify the economic impact of cyber attacks and observe cost trends over time. ArcSight believes that a better understanding of the cost of cyber crime will assist organizations in determining the appropriate amount of investment and resources needed to prevent or mitigate the devastating consequences of an attack.
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