The annual global cost of cybercrime against consumers is $113B.
The vast majority of companies are more exposed to cyberattacks than they have to be. To close the gaps in their security, CEOs can take a cue from the U.S. military. Once a vulnerable IT colossus, it is becoming an adroit operator of well-defended networks. Today the military can detect and remedy intrusions within hours, if not minutes. From September 2014 to June 2015 alone, it repelled more than 30 million known malicious attacks at the boundaries of its networks. Of the small number that did get through, fewer than 0.1% compromised systems in any way. Companies need to address the risk of human error too. Hackers penetrated JPMorgan Chase by exploiting a server whose security settings hadn’t been updated to dual-factor authentication. The exfiltration of 80 million personal records from the health insurer Anthem ...
https://hbr.org/2015/09/cybersecuritys-human-factor-lessons-from-the-pentagon