Remove tag cybersecurity budget
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SMEs Forced To Live With New Normal Of Cyberattacks

PYMNTS

The price tag attached to a data breach on a small business has increased this year, according to new analysis from IBM and Ponemon Institute. With such a high financial burden, the cost of implementing preventative cybersecurity measures seems like a drop in the bucket. In the context of separate research that found SMEs in the U.S.

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Transcript: Brian Hamburger

Barry Ritholtz

I thought it was, no, you guys were pretty fair so I can — HAMBURGER: So — RITHOLTZ: But that is a legitimate concern, especially for a small firm that has a modest budget for legal. How dangerous is cybersecurity and this sort of AI generated impersonation to fraud protection? Cybersecurity is a people problem, right?

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Transcript: Gary Cohn

Barry Ritholtz

There’s ways around that during reconciliation for budget bills and things like that. You’ve become a fairly big investor across things like cybersecurity, blockchain, infrastructure, ai. You have to understand the cybersecurity and, and how vulnerable we are. 01:31:04 [Speaker Changed] All right.

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