"Cyberattacks Now Cost Businesses an Average of $1.1M"

A new report by Radware highlights the rising average cost of a cyberattack faced by a business. According to the report, the average estimated cost of a cyberattack on a company has risen to $1.1 million. The report also brings further attention to the types of attacks that are often directed at enterprises, which include phishing attacks, web application attacks, ransomware, and more. This article continues to discuss key findings of the report in relation to the average estimated cost of a cyberattack on an organization, potential impacts of cyberattacks on businesses, goals of such attacks, the most common types of attacks faced by enterprises, and the increased use of certain attack vectors by hackers.

TechRepublic reports "Cyberattacks Now Cost Businesses an Average of $1.1M"