Enterprises spend more than $16 million on hidden costs of detection-based security

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Most organizations employ some kind of detection-based security to protect their systems. But a new report by cyber security company Bromium reveals that this approach has major hidden costs. Upfront licensing and deployment costs security-detection tools like anti-virus are dwarfed by the cost of human skills and effort needed to manage and assess the millions of alerts and false-positive threat intelligence generated. The findings, based on a survey of 500 CISOs from global enterprises, show that organizations invest $345,300 per year on detect-to-protect security tools. However, the average annual cost to maintain this endpoint security is $16,714,186, per enterprise. This…

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