Cybersecurity is top of mind for all C-suite executives. Why? Almost 1 in 3 companies will experience a major breach within the next 24 months - and at an average of $3.86M per incident. Beyond the cost, most executives find the real price tag comes in reputational losses.
“Protect your reputation, because that’s usually the hardest aspect of a breach to fix. Software can be reinstalled. Data can be restored from backups. However, once you’ve lost your reputation, people might not want to do business with you anymore,” says Professor Jonathan S. Weissman, Senior Lecturer, Department of Computing Security, Rochester Institute of Technology and the RITx Cybersecurity MicroMasters® program on edX.org.