Cost-Effective Incident Response: A Proactive Approach to Reducing Cybersecurity Costs
The Importance of Cost-Effective Incident Response In today’s digital age, cybersecurity threats are becoming increasingly sophisticated, making it essential for organizations to have a robust incident response plan in place. However, implementing and maintaining an effective incident response plan can be costly. According to a report by Ponemon Institute, the average cost of a data breach is approximately $3.92 million (1). This is why it’s crucial for organizations to adopt a cost-effective incident response approach that minimizes costs without compromising security. ...