International. More and more companies are migrating to the cloud to manage their internal processes, but in the same way cybercrimes have been growing, to such an extent that in the last three years they increased more than double, as well as the financial impact that grew 40% in the same period.
Those are the alarming results of the study conducted by the HP-sponsored Ponemon Institute, which also revealed a 42% increase in the number of cyberattacks, with a total of 102 successful attacks per week, compared to 72 attacks per week in 2011 and 50 attacks in 2010.
In economic losses, of these crimes in the United States for 2012 was US$8.9 million. This means a 6% increase over the average cost reported in 2011 and a 38% increase over 2010.
The most costly cybercrimes continue to be caused by malicious code, denial of service, stolen or hijacked devices, and malicious internal staff. Combined, these modalities are responsible for more than 78 percent of annual cybercrime costs per organization.
"We believe that a better understanding of the cost of cybercrime will help organizations determine the appropriate amount of investment and resources needed to prevent or mitigate the devastating consequences of an attack," said Larry Ponemon, president and founder of the Ponemon Institute.
In conjunction with this third annual study of U.S. companies, studies on the cost of cybercrime were also conducted in Australia, Germany, Japan and the United Kingdom, the results of which will be presented in December. For more information about the study click here.
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