All businesses now need to make their cyber security defenses a top priority. Today's threats are more complex than ever and the potential costs of data breaches are high.
For instance, IBM and the Ponemon Institute calculate that in 2020, the average data breach costs an organization $3.86 million, factoring in lost business, mitigation, compensation and other penalties. But it also revealed that those organizations with the most advanced protection technologies could cut these costs in half.
Yet for many firms, the foundation of their efforts is still old-fashioned antivirus (AV) software, even among the largest enterprises. However, the tactics used by many of today's more advanced threats have been designed specifically to bypass these defenses, which can often mean these tools don't pick up the latest attacks and could leave businesses with a false sense of security.