target audience: TECH BUYER  Publication date: Mar 2020 - Document type: IDC Perspective - Doc  Document number: # US46120520

20 Ways to Lose Money in a Cybersecurity Breach

By:  Pete Lindstrom

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Abstract


This IDC Perspective defines 20 different types of losses that may occur due to a cybersecurity incident. These categories or elements can be used to facilitate discussion and expose hidden costs associated with breaches.

"We often discuss cybersecurity losses in the abstract," said Pete Lindstrom, vice president of Security Strategies. "Leveraging more specific categories of loss can make potential loss discussions more specific and firm, thus leading to an understanding of risk, and lead to more appropriate measures of protection."



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