By Scott Krawitz, CEO, People Driven Solutions
While today’s cyber threats have seemingly innocuous names—Poodle or Heartbleed, for example—they can cost companies both large and small millions of dollars. Ransomware, hacking, phishing, worms, distributed denial-of-service (DDoS) and malware are just a few of the many ways that criminals access precious information, potentially destroying companies.
The risk to a company’s bottom line—and reputation—is enormous. Consider Yahoo’s stock dive after the company announced that 1 billion of its email accounts were compromised. That event also put at peril the company’s potential sale to Verizon for USD$4.8 billion.