Following an incident, what kind of costs should I expect to see?
Context on the Calculations
Instead, every cost computation is based on real expenses incurred by thousands of peer organizations in cybersecurity incidents of their own, as tracked through publicly available insurer reports and proprietary Arctic Wolf data.
Still, this scenario is not a guarantee — nobody knows for sure what cyber criminals are going to do next.
- - - - - - -It could easily be this bad. It could certainly be worse.
Household names like Colonial Pipeline and USCF Medical School have paid millions to ransomware attackers. Possibly the largest publicly-known payment was CNA Financial — they spent $40 million to restore their systems.
The cost of identification, remediation, and investigation from the incident.
A full-service incident response service like Tetra Defense can aid in the investigation, collection, preservation, and recovery of data through expert forensics investigations.
The Equifax data breach exposed personal information from 147 million people, and the settlement required Equifax to offer them complimentary credit monitoring.
Capital One spent $150 million on remediating its data breach — but analysts foresaw a $1 billion dollar revenue hit.