Cyber deception reduces data breach costs by more than 51% and Security Operations Centre (SOC) inefficiencies by 32%, according to a new research report by Attivo Networks and Kevin Fiscus of Deceptive Defense.
The paper identifies the direct and measurable financial and productivity benefits of deception technology for organisations of all types and sizes.
According to the report, companies utilising cyber detection reduce data breach-related costs by more than 51% as compared to organisations that do not deploy deception technology.
The research also indicates that the average reduction in data breach costs is US$1.98 million per incident or US$75.12 per compromised record.
The cost reductions are based on factors of faster detection and response, effective incident response and reduced incident handling complexity.
Read the complete story in SecurityBrief Europe.
Download the report, “Cyber Deception Reduces Breach Costs & Increases SOC Efficiency.”