Cyberattacks, regardless of scale, can inflict significant financial and reputational damage on businesses. While direct costs such as ransom payments and remediation expenses are often apparent, the hidden costs can be far more insidious and long-lasting. The True Cost of a Cyberattack Beyond the immediate financial outlay, cyberattacks can trigger a cascade of indirect costs that can erode a company’s bottom line and long-term prospects. These hidden costs include: Increased Insurance Premiums A cyberattack often...