Cyber-Attacks Could Cost The Same As Hurricane Katrina

By   ISBuzz Team
Writer , Information Security Buzz | Jan 23, 2018 01:00 am PST

It has been reported that cyber-attack damage could cost as much as Hurricane Katrina. Paul Cant, VP EMEA at BMC Software commented below.

Paul Cant, VP EMEA at BMC Software:

“As we saw all too often over the course of the last twelve months, although organisations are increasingly realising the host of advantages that can be gleaned from multi-cloud environments and IoT devices, this has, in turn, created new security vulnerabilities and a much larger attack surface for hackers to exploit.”

If organisations are to protect themselves from both the crippling financial and reputational consequences that a breach of their cloud services can have, then it’s critical that they implement the necessary security measures to ensure sensitive data is protected.

With the upcoming implementation of the GDPR, it is now more important than ever that businesses are taking steps to comply with regulations and keep private data out of the hands of hackers.”