Understanding the Role of Incident Response in Cybersecurity
The consequences of a successful cyber attack can be stark. Organizations often face significant financial damage due to lost revenue due to downtime, plus compliance, legal, and regulatory costs, and legal fees arising from potential lawsuits, not to mention reputational damage. These costs can quickly blow the average out of the water, with many organizations facing seven-figure costs to restore their operations and fully remediate a breach. The numbers tell the story.