Understanding the ROI
When organizations consider implementing Defender for Office 365, executives will inquire about the ROI. Financial loss, damage to brand reputation, and loss of customer trust can all be consequences of cyberattacks. Since calculating ROI for security investments is beyond the scope of this book, we will focus on essential points to facilitate organization-wide discussions.
The direct and indirect costs of cyber threats
Understanding the typical cost of a cyberattack is crucial for organizations to discuss the benefits of implementing Defender for Office 365. The cost and impact can differ significantly, so to estimate what an attack would cost your organization, we need to examine the following direct and indirect costs based on industry, size, laws, and location:
- Direct costs: Some immediate financial outlays comprise paid ransoms, system restoration, investigation, and regulatory and legal fees. A study conducted by IBM found that the average...
