Bosses Are Reluctant To Spend Money On Cybersecurity Then They Get Hacked
Cyberattacks like ransomware, business email compromise (BEC) scams and data breaches are some of the key issues businesses are facing today, but despite the number of high-profile incidents and their expensive fallout, many boardrooms are still reluctant to free up budget to invest in the cybersecurity measures necessary to avoid becoming the next victim. The cost of falling victim to a major cyber incident like a ransomware attack can be many times more than the cost of investing in the people and procedures that can stop incidents in the first place – something many organisations only fully realise after it’s too late....