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2015 Cost of Cyber Crime study: The average cost of cybercrime

StephanieWisdom on ‎10-14-2015 12:47 PM

Are you ready to discover the global landscape of enterprise security and intelligence adoption, and learn important findings that can help you win the battles in the cyber-crime war? Good news: The 6th annual 2015 Cost of Cyber Crime study by Ponemon and sponsored by HP Security—was recently released. There were 252 organizations surveyed, and 2,128 interviews conducted in order to compile these cybercrime results. In the report, there is a comparison of this year’s findings to last year’s study—read more, here.

 

In the 2015 Cost of Cyber Crime study, we provide an analysis of the key findings organized according to the following topics:

  • The average cost of cyber crime by organizational size and industry
  • The type of attack influences the cost of cyber crime
  • An analysis of the cost components of cyber crime

 

In this blog post, we present an overview of the first topic: The average cost of cybercrime by organizational size and industry.

 

The 252 surveyed organizations in the study reported what they spent to contend with cybercrimes over a period of 4 weeks. Those costs were compiled and validated, then the figures were grossed-up to determine the annualized cost.

 

As shown in the figure below, the total annualized cost of cybercrime in 2015 ranges from a low of $.31 million to a high of $65 million. The median annualized cost of cybercrime in the benchmark sample is $5.5 million – a slight decrease from $6 million in 2014. The mean value is $7.7 million—a slight decrease from last year’s mean of $7.8 million. The percentage net change from last year’s mean for seven countries is 1.9 percent.

 

The cost of cyber crime

Consolidated view, n = 252 separate companies

Cost expressed in US dollars

 

What is cybercrime costing your organization? Read more in the full report.

 

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About the Author

StephanieWisdom

Comments
alireza ghahrood
on ‎01-18-2016 07:04 AM

nice article

special thanks

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