Unsurprisingly, data breaches are costly. Examples of direct losses that could happen include fines, remediation, and the loss of productivity. Whilst indirect losses include the organisation’s PR costs, as well as the decline in customers. Kaspersky Lab estimates that a data breach for a small business can cost more than US$100,000 for a small to mid-sized business, whilst larger, more established corporations could be looking at losses amounting to millions of dollars.

The average loss associated with Malware attacks that results in a data breach costs an average of US$3.2 million per company. In a report by Channel News Asia, it is estimated that cyber attacks caused companies in Asia Pacific a loss of US$1.8 trillion. Fortunately, there is some good news. The cost associated with data breaches can dramatically be reduced by adopting a cyber security specialist.

By outsourcing your hiring tasks to CYBERSTEIN, you will gain access to a pool of talented cyber security specialists trained in various areas including Security Operations, Threat and Vulnerability Management, Incident and Crisis Management, R&D, and Engineering and Architecture.