Tag Archive for: Costs

Data breach costs surge 29% to $4m each – Enterprise Innovation

Data breach costs surge 29% to $ 4m each
Enterprise Innovation
The average cost of a data breach for companies surveyed has grown to $ 4 million, representing a 29% increase since 2013, according to IBM. A study done by Ponemon Institute and commissioned by IBM found that cybersecurity incidents continue to grow …

“data breach” – Google News

Outgoing Swiss Re chief urges caution on cyber warfare costs – Financial Times


Financial Times

Outgoing Swiss Re chief urges caution on cyber warfare costs
Financial Times
Uncertainty over the economic costs of cyber warfare warrant “caution” by insurers and may require policies to be reworded, the head of one of the world's largest reinsurance companies has warned. Michel Liès, who retires this week as chief executive

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Pointing laser at police helicopter costs Texas man two years behind bars

So you’re just some dude chilling on your back porch with friends and you think it would be fun to aim your laser pointer at a helicopter. Everyone has a good laugh.

Eight months later a judge tells you those laughs are going to cost you two years in prison.

Pointing a laser at a helicopter can’t possibly be that much fun.

From a Statesman.com report:

On Feb. 15, Austin police’s Air1 helicopter was on approach to land at Austin-Bergstrom International Airport when (Soza Ruedas Jr.) pointed a laser at the helicopter. The laser beam was strong enough to reflect inside the cockpit and caused the pilot to avert his eyes, officials said.

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Network World Paul McNamara

Privacy researchers: Cell phone surveillance costs as little as 4 pennies an hour

Would you be upset to learn that it costs mere pennies per hour for law enforcement to violate your expectation of privacy with cell phone surveillance? If the cops wanted to spy on you for 28 days, Sprint, for example, only charges $ .04 cents an hour. 28 days is important because of U.S. v.
Ms. Smith’s blog