Cyber Security

The Cyber Security Threat to SME’s

Recently we reported on the real cost of a cyber security breach and outlined that an average date breach results in around 29,000 compromised individual client records. Apart from the actual cost of remedying the cause/s of the cyber security breakdown, the average cost to a company for lost business alone was about $3,300,000 (Baht […]

By |October 30th, 2014|Company, Cyber Security, Insurance, IT, Loss Prevention, Risk Management|0 Comments

The real cost of a cyber security breach

In an earlier post, we advised that the average loss for a large company resulting from a cyber security breach cost around $5.9 million, or roughly Baht 185 million.

On average, a Poneman Institute study found that, in the US, a data breach resulted in around 29,000 compromised data records with an approximate cost of about Baht 6,400 […]

By |October 17th, 2014|Company, Cyber Security, Insurance, IT, Loss Prevention, Risk Management|1 Comment

Cyber Security Insurance

According to a PricewaterhouseCoopers survey, in 2013 the number of cyber security incidents globally soared to 42.8 million, up 48 percent from 2012, while the average loss for a large company rose from $3.9 million to $5.9 million. Companies that have seen recent, major cyber breaches include Target, Home Depot Inc., Neiman Marcus and JP […]

By |October 13th, 2014|Cyber Security, Insurance, IT, Loss Prevention, Risk Management|0 Comments