Cisco Sees $80 Billion Cybersecurity Opportunity

Cisco Sees $80 Billion Cybersecurity Opportunity

Any company that doesn't effectively lock down its data is susceptible to a data breach, and data breaches are expensive. Dealing with a data breach now costs $4.24 million on average, according to IBM's latest data breach report, with more than one-third of that cost stemming from lost business resulting from increased customer turnover, system downtown, and diminished reputation. One problem for companies looking to build a cybersecurity strategy is the sheer number of options.