Survey reveals 32% of organisations hit by cybercrime security breaches

One in three (32%) organisations in the financial services, the public sector, manufacturing, IT, semi- state and insurance sphere experienced between one and five cybercrime security breaches in the last year, the latest Irish Information Security and Cybercrime has found.

The survey, carried out by Deloitte, in association with EMC, also found the cost of each major incident was €41,875 on average and that 42% of respondents suffered a loss of productivity as a result of cybercrime attacks.

However, just over half of respondents indicated that their organisation did not experience any security breaches in the past year.