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The report's authors examined information from an annual Keeper Security poll in which 516 leading IT decision makers took part.
The percentage of businesses that suffer additional financial losses as a result of hacker assaults is high: 11% lose $500 thousand to $1 million, 4% lose more than $1 million. Only 14% of businesses reported losses of under $5,000.
In addition to immediate financial losses, cyberattacks often have other detrimental effects on businesses.
31% of respondents brought up attack-related difficulties in collaboration with partners and clients, and another 31% referenced financial information theft. 28% mentioned reputational harm brought on by cyberattacks.
A typical American corporation is targeted by hackers 42 times a year, and 3 of those attacks are successful, according to Atlas VPN researchers.
source: atlasvpn.com
The percentage of businesses that suffer additional financial losses as a result of hacker assaults is high: 11% lose $500 thousand to $1 million, 4% lose more than $1 million. Only 14% of businesses reported losses of under $5,000.
In addition to immediate financial losses, cyberattacks often have other detrimental effects on businesses.
31% of respondents brought up attack-related difficulties in collaboration with partners and clients, and another 31% referenced financial information theft. 28% mentioned reputational harm brought on by cyberattacks.
A typical American corporation is targeted by hackers 42 times a year, and 3 of those attacks are successful, according to Atlas VPN researchers.
source: atlasvpn.com