Cybersecurity and the 'Return on Negligence'
from The Maritime Executive
In a recently released Fairplay/BIMCO/ABS maritime industry survey, nearly half of the 237 respondents reported that their company's annual cybersecurity budget is less than $10,000. Another quarter reported that the budget is between $10,000-50,000, and ten percent of the respondents spend more than $250,000. While there was no correlation provided between the expenditure and size of the company, it does beg the question of how an organization makes its spending decisions.
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