Cyber Security BreachMike Reich
With a common framework in place, your organization can begin enforcing established policies and procedures for security. According to research, over 50% of small- to mid-sized businesses will face a cyber-attack. Each attack costs US-based businesses can result in hundreds of thousands in revenue, downtime, and out-of-pocket expenses. The estimated cost is over 2 trillion for businesses in 2020 with over 6 trillion expected to be spent for cyber security globally, and yet, close to %80 of businesses do not have a response plan in place.