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White hat, black hat, and the emergence of the gray hat: the true costs of cybercrime | Advanced Mobile Spy Software
This post was written by Michael Osterman of Osterman Research. Osterman Research recently completed a major survey on behalf of Malwarebytes to determine the actual cost of cybercrime to businesses. Many studies have focused on the cost of lost reputation, lost future business, and other consequences of cybercrime—and while these are certainly valid considerations—we wanted to understand the direct costs of cybercrime. To do so, we surveyed mid-sized and large organizations on a variety of issues, but focused on three cost components: Security budgets The cost of remediating "major" events, e.g., events like a widespread ransomware infection or major data breach that would be highly disruptive to an organization and might take it offline for some period of time The cost of cybercrime perpetrated by "gray hats;" those employees who dabble in cybercrime without giving up their day job as a security professional Here's what we discovered: Cybercrime isn't cheap Organizations of all sizes