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HARD TO BREAK

Resilience—A Winning Strategy in a Losing War

Seventy-six percent of respondents to the 2016 Cyberthreat Defense Report from CyberEdge Group reported having been compromised by a successful cyberattack within the previous twelve months. This was up from 71 percent in 2015 and 62 percent in 2014. Moreover, 62 percent of respondents reported believing that they would suffer a successful cyberattack in the coming year (up from 52 percent in 2015 and 38 percent in 2014).1 The average consolidated total cost of a data breach in 2016 was $4 million, up from $3.8 million the year before.2 No wonder one digital security firm recently described its industry as continuing “to fight a losing war against cyberattackers” and doing so “even ...

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