How much are financial institutions spending on cyber-security? The answer, according to a new study by Deloitte and the Financial Services Information Sharing and Analysis Center, is an average of about $2,300 per employee.
Monetary costs were measured in a number of ways, including day-to-day cyber-operations costs around securing an organization, proactive efforts such as threat detection and identity management, and response and recovery costs incurred when an organization experiences a cyber-incident.
