Digital Transformation Outpacing Financial Institution Security
Praxent
MAY 12, 2021
According to insurance carrier Hiscox, security incidents cost businesses of all sizes $200,000 on average. Some firms budgeted as much as $3,322 per employee for cybersecurity, up from the $3,000 maximum for the previous year. The Cost of Security and Insecurity. Average spending per employee rose to $2,691 from $2,337 in 2019.
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