Media Coverage

Average cost of a cyberattack passes $1 million

The average cost of a cyberattack is now estimated at $1.1 million, according to a new report from cybersecurity company Radware. For organizations that calculate rather than estimate the cost of an attack, that number increases to $1.67M.

Government Shutdown Puts U.S. at Major Hacking Risk, Cybersecurity Experts Warn

While President Donald Trump cites a “security crisis at our southern border” as a reason for the longest government shutdown in American history, cybersecurity experts are warning citizens that the federal freeze has put the U.S. at a significant risk for both short and long-term cyberattacks.

Cyberattacks now cost businesses an average of $1.1M

Malware and bots, phishing, and DDoS attacks are some of the top threats companies face, according to Radware. The average estimated cost of a cyberattack on an enterprise was $1.1 million in 2018—up 52% from the year before, according to a Tuesday report from Radware.

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