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The Cost of Cyber Crime

Paul_Santilli

The latest IT trends like cloud-based services and the Internet of Things pose significant security risks for HP OEM partners and their customers. Jerry Ward from HP Enterprise Security Services published a thought-provoking blog reviewing a new report on the costs of cyberattacks from the Ponemon Institute, an independent research organization specializing in security.

Ponemon interviewed 250+ enterprises across the globe to quantify the financial implications of IT security breaches over a one year period. Some of the more interesting data points from the report include:

  • The 250+ enterprises interviewed experienced a total of 1700+ attacks
  • The average annualized cost including productivity and information loss was $7.6 million per enterprise
  • Costs of attacks were up 10.4% compared to the previous year’s study

Help your customers take a proactive approach to security

One of the major findings of the report was that many IT organizations are simply not well prepared. In fact, the average time to fully contain an attack is 31 days.

Today’s security threats are increasingly complex and constantly evolving. Most IT organizations lack the expertise and financial means to stay ahead of the curve.   Many are turning to managed security service providers like HP’s Managed Security Services organization to extend the capabilities of their internal security teams. Our team lives and breathes Internet security. With 5,000+ subject matter experts, our Managed Security Services organization helps businesses improve their security posture and reduce risks, providing a wide variety of services from data loss prevention, to DDoS protection, to identity and access management and managed endpoint security.

By teaming with HP Managed Security Services you can help your customers take a proactive approach to security, while allowing your valuable engineering resources to stay focused on core development activities.

 

Learn more

Investigate today’s cybersecurity threats and solutions

Download the Ponemon report. Read the latest copy of HP INFORM magazine from HP Enterprise Security.

Check out the new HP OEM Portal website for Partners  

Learn more about how HP can help OEM Partners improve performance and lower costs with trusted, reliable HP technology. The new OEM Portal offers more details on working with the HP OEM program, focus industry solutions, technologies, and more that will help you optimize your OEM applications and value. Watch a short video tour.

 

Visit the HP OEM Program page on hp.com 

The HP OEM hp.com page showcases the quality, experience, and pedigree of the HP OEM program and why our customers are choosing HP. Visit the new site today!

 

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About the Author

Paul_Santilli

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