According to Dark Reading, the cost of cyberattacks spiked more than $1.5 million in the past year, going from $3 million per incident in 2018 to $4.6 million in 2019. Pricier breaches are becoming more frequent: the percentage costing $10 million or more nearly doubled from 7% in 2018 to 13%  this year. 

Radware researchers who compiled the report “2019 C-Suite Perspectives: From Defense to Offense, Executives Turn Information Security into a Competitive Advantage” found there are four main business impacts after a cyberattack: customer loss (45%), brand reputation loss (44%), and revenue loss and operational effects (32% each). Cybersecurity has also become an executive issue, with 72%  of executives reporting it on every board meeting agenda. 

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Ross is the CISO at Symplexity. He has achieved CCIE Security and CISSP certifications, an MBA from the University of Notre Dame, and has 20 years of experience in the fields of computer and network security engineering and consulting. Ross provides virtual CISO services for our Symplexity Secure clients and helps them to identify information security risks and implement administrative, procedural, and technical controls to mitigate. He works effectively with both technical and managerial personnel and is a trusted resource for our clients.

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