Cyberattacks threaten the corporate world. Here's what companies need to know about what comes next. Presented by Code42
that 60% of businesses go out of business within six months of a data breach or cyberattack, according to the National Cyber Security Alliance. This comes as cybercriminals improve their effectiveness and expand their capabilities.
Cyber threats affect more than data infrastructure. Cyberattacks also threaten reputation, mergers and acquisitions, corporate valuation, the ability to raise or obtain funding, and other business-centric functions that are outside the purview of the technical teams. For example, if a company is planning a merger or acquisition, a cyberattack might influence the value of the asset being acquired or the amount of money the company can raise. In 2017, after Yahoo disclosed two major data breaches, Verizon'sThe importance of cybersecurity due diligence
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