The average cost of a cyber breach for companies now exceeds one-million dollars according to a new report by Radware.

Justin Jett, Director of Audit and Compliance at Plixer:

“The numbers reflect the reality that breaches are inevitable and expensive. However, both sides of that equation can be mitigated if companies can locate forensic data quickly to find and mitigate attacks. Specifically, IT professionals need network traffic analytics to fully understand where these attacks are coming from and how the attacks were possible. By looking at all of the data, network and security teams can work together to see the completed puzzle and help make future attacks more difficult for malicious actors to achieve. By analyzing network traffic patterns, many attacks are spotted easily and require much fewer resources to resolve than if no forensic data is available, or if teams have to manually comb through logs to gather data. With cyberattacks looking to exceed $1 million, organizations should immediately deploy a security and network intelligence platform to aid them when breaches to occur.”

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