The cost to organizations due to cybercrime is up 56% from a year ago. The median annual cost rose to $5.9 million with an average of 72 cyberattacks a week. Between detecting and preventing threats to compensating affected consumers, this is quickly becoming a very expensive problem. Read the full article at PCMag.com
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.