Comment by titzer
4 days ago
It's about 5%.
Cost of cyberattacks globally[1]: O($trillions)
Cost of average data breach[2][3]: ~$4 million
Cost of lost developer productivity: unknown
We're really bad at measuring the secondary effects of our short-sightedness.
[1] https://iotsecurityfoundation.org/time-to-fix-our-digital-fo...
[2] https://www.internetsociety.org/resources/doc/2023/how-to-ta...
> Cost of cyberattacks globally[1]: O($trillions)
That's a fairly worthless metric. What you want is "Cost of cyberattacks / Revenue from attacked systems."
> We're really bad at measuring the secondary effects of our short-sightedness.
We're really good at it. There's an entire industry that makes this it's core competency... insurance. Which is great because it means you can rationalize risk. Which is also scary because it means you can rationalize risk.