What Should Your Firm Be Budgeting for Cyber Security and How Should It Be Spent?

Contrary to conventional wisdom, the great majority of cyber attacks do not have a large impact on corporations, according to Dr. Gordon and Dr. Loeb, authors of Managing Cybersecurity Resources: A Cost-Benefit Analysis. There are nonetheless, occasional security breaches that will have a large negative effect on some companies.  Companies experiencing data breaches in recent years...