Cyber attacks target the most vulnerable, steal far less money than one would expect, and the best defense for all companies—especially ones with high-value, sensitive data like those in the legal industry—is to develop a pro-active security mindset, according to Flipping the Economics of Attacks, a survey of over 300 cyber threat experts in the U.S., U.K and Germany.

The survey, which was sponsored by Palo Alto and conducted by Ponemon Institute, found that the average annual capital stolen by a cyber attacker was $30,000—or around one-fourth of an average cybersecurity professional’s annual salary. It also found that cyber attackers are not the most tenacious of workers; an increase over 40 hours of work to execute a successful attack can deter as much as 60 percent of all attacks. Most attackers will also switch to another target after spending 209 hours—a little over a week—without success.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]