In December 2013, 110 million credit and debit card accounts were stolen from Target. The retail giant has since witnessed drastic sales and revenue decline, and a CEO who resigned.
Estimated annual cost of cybercrime in the U.S. is $300B and 1.2M jobs according to the Commission on the Theft of American Intellectual Property. Average annualized cost of cybercrime incurred by a benchmark sample of U.S. organizations was $11.56 million, and organizations experienced an average of 122 successful attacks per week in 2013, based on Ponemon Institute’s Cost of Cybercrime study 2013.
In today’s environment, every organization faces real threats of security attacks that can bring it to its knees. The question is not if, but when.
CBTS provides end-to-end security solutions to help address your security challenges and protect your business data.