When corporations are attacked, the costs are tremendous and rising fast.
This year, U.S. companies will spend more than $130 billion as a result of data breaches, according to the Ponemon Institute, a cybersecurity research organization. That's more than triple what companies spent combating breaches in 2006.
"The ability of bad guys to enter, steal, exit and do it in a way that's undetectable is rising," said Larry Ponemon, chairman of the Ponemon Institute. "It's a big problem and it is getting worse."
|GM's recalled Cobalt was a failure from the start|
|Michaels hack hit 3 million|
|Why you should pay off your car loan ASAP|
|Walmart offers cheaper money wire service|
|Americans have fallen in love with real estate once again|