A new study from the Ponemon Institute reveals that external cyber attacks cost enterprises $3.5 million a year and that the majority of security and IT professionals lack the necessary resources and infrastructure to deal with these attacks, despite the growing risks and costs associated with them. A number of threats were examined in the report including executive impersonations, social engineering exploits and branded attacks that occurred outside of a company’s traditional security boundaries. To address these external threats, security professionals cited an ever-growing need for expertise, technology and external services. When it came to how their companies monitored the… [Continue Reading]