Ponemon Institute Survey: The Cost of Malware Containment
The recent breaches of Target, Home Depot, JP Morgan Chase and Sony Pictures are examples of how destructive malware can be to an organization's reputation and financial stability.
The Ponemon Institute conducted research to understand how much money organizations are spending in their efforts to stop malware driven attacks from stealing high value and confidential data.
IT security practitioners in the United States who are familiar with their organization's practices for containing malware infections were contacted for the study. They also have responsibility in detecting, evaluating and/or containing malware infections within their organization.
The study revealed some interesting data about enterprise security and malware containment, such as:
- An organization can receive an average of nearly 17,000 malware alerts in a typical week
- The time to respond to these alerts is a severe drain on an organization's financial resources and IT security personnel
- The average cost of time wasted responding to inaccurate and erroneous intelligence can average $1.27 million annually.
- About 4% of all alerts are investigated because of the volume of false positives and alert unreliability.
Accuracy of detection and speed of response to today's attacks from persistent threats are the greatest challenge to IT security teams today; and with the severity and frequency of malware attacks increasing, it's a challenge that is only going to grow.
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