It’s wise to assume that your IT environment will experience a breach, sooner or later. This approach helps organizations build up-to-date IT security strategies that go beyond fortifying your perimeter to focus on quickly detecting breaches and limiting their impact. How much of a difference does early detection make? According to the Ponemon Institute’s “Cost of a Data Breach” study, breaches that were identified within 100 days cost an average of $5.83 million. However, when intruders were able to dwell in the IT infrastructure longer than that, the average cost shot up to $8.01 million — nearly 40% higher.
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