Security Incidents Can Cost Industrial Firms $500K Per Year: Kaspersky

While a majority of industrial companies claim they are well prepared to handle a cyber security incident, many have admitted experiencing at least one incident in the past 12 months, and the annual cost can be as high as half a million dollars, according to a new report from Kaspersky Lab. The security firm has conducted a survey of 359 industrial cybersecurity practitioners across 21 countries, mainly from the manufacturing, construction and engineering, and oil and gas sectors.

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