Data breaches caused by malicious insiders and malicious code can take
as long 50 days or more to fix, according to Ponemon Institute's 2015 Cost of
Cyber Crime Study while malware, viruses, worms, Trojans, and botnets take only
an estimated 2-5 days to fix.
Unsurprisingly, attacks by malicious insiders are also the costliest to
fix ($145,000 according to the Ponemon study), followed by denial of service
($127,000) and Web-based attacks ($96,000).
The consequences and cost of cyber-attacks are also unevenly
distributed, with business disruption and information loss taking the biggest
share, followed by revenue loss and equipment damages, according to Ponemon.
But the cost of remediation in person-days can also be substantial. Involvement
of a programmer, a QA person, project manager, product manager and corporate
lawyer will cost you more than $300 per employee per day, according to data
from payscale.com — and that's before you consider the cost of the CEO, CISO
and CFO's time.
- Ponemon Institute's 2015 Cost of Cyber Crime Study