What’s cheaper: paying the ransom or investing in cyber security?

Cyber security can seem daunting. There are many things to take care of and lots to secure, with no immediate ROI in sight. You haven’t been hit by a cyberattack so far, and in the unlikely chance that you will, well, wouldn’t it be easier to just deal with it and move on? 

At first glance, this approach might seem like the less expensive option. But the scales tip differently when you factor in the longer-term implications, such as operational downtime and reputational harm.  

Watch our webinar “What’s cheaper: paying the ransom or investing in cybersecurity?” where we talk to Caroline Wong, Cobalt’s Chief Strategy Officer,about a reactive versus proactive approach to cybersecurity.