Companies spend big to defend their networks and assets from cyber threats. Kaspersky Labs has found security budgets within enterprises average around $9 million per year. On top of that, data breaches cost companies millions of dollars. Yet, cheap, relatively easy-to-use off-the-shelf hacking tools make the barrier to entry for cybercriminals incredibly low.
Cyber attacks are cheaper than cybersecurity
The math of attack versus defense are simply unfair. Attackers can afford to sell records for peanuts, yet the cost to both the business (and the individual victim if their information is exploited) is much higher.