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."
|American Express president Ed Gilligan dies at 55|
|Silk Road's Ross Ulbricht sentenced to life|
|Still no Greek rescue deal. Now what?|
|Why hasn't '19 Kids and Counting' been canceled? It's complicated|
|Why is everyone in Monaco so darn rich?|