The study conducted by the Ponemon Institute and sponsored by Hewlett-Packard said most of the attacks involve malicious code, denial of service, stolen or hijacked devices, or “malevolent insiders.”
“The occurrence of cyberattacks has more than doubled over a three-year period, while the financial impact has increased by nearly 40 percent,” the report said.
The 2012 study showed organizations experiencing an average of 102 successful attacks per week, compared to 72 attacks per week in 2011 and 50 attacks per week in 2010.
Among the organizations surveyed which were hit by successful cyberattacks, the average losses was $8.9 million, up six percent from 2011 and 38 percent increase over 2010.
“Organizations are spending increasing amounts of time, money and energy responding to cyberattacks at levels that will soon become unsustainable,” said HP’s Michael Callahan.
Information theft accounts for 44 percent of losses, while lost productivity accounted for 30 percent.
The average time to resolve a cyberattack is 24 days, but it can take up to 50 days, according to the new study.
Related Topic Tags
Related Defense, Military & Aerospace Forum Discussions
- Royal New Zealand Navy Discussions and Updates
- RussianLand Forces Thread
- NZDF General discussion thread
- Possible Singaporean Aircraft Carrier
- Indonesian Aero News
- Singapore Army Pictures - 2014 Onwards
- Royal Australian Navy Discussions and Updates
- Iraq war/unrest/fighting
- F-35B/C - Naval Air Discussions (USN & USMC)
- Juan Carlos / Canberra Class LHD
- French Armée de l'Air News & Discussion
- F-35 Program - General Discussion
- Royal New Zealand Air Force
- Brazilian Air Force News and Discussion
- Royal Air Force [RAF] discussions and updates