Cyber crime costs are accelerating. With organizations spending nearly 23 percent more than last year—US$11.7 million, on average—they are investing on an unprecedented scale. Yet, whether managing incidents or the disruption from them, current spend priorities show that much of this is misdirected toward security capabilities that fail to deliver the best efficiency and effectiveness.

1. COST OF
CYBER CRIME
STUDY
INSIGHTS ON THE
SECURITY INVESTMENTS
THAT MAKE A DIFFERENCE
2017

2. NUMBER OF SECURITY
BREACHES IS RISING…
Average annualized cost of
cyber crime (USD)
$11.7M
Average number of security
breaches each year
130
+91%Percentage increase over
last five years
+62%Percentage increase over
last five years
…AND SO IS SPEND

3. Copyright © 2017 Accenture Security. All rights reserved. 3
THE FINANCIAL CONSEQUENCE OF A
CYBER ATTACK IS WORSE IN ALL COUNTRIES

4. Copyright © 2017 Accenture Security. All rights reserved. 4
FINANCIAL SERVICES HAS THE
HIGHEST COST OF CYBER CRIME

5. Copyright © 2017 Accenture Security. All rights reserved. 5
MALWARE AND WEB-BASED ATTACKS ARE
THE TWO MOST COSTLY ATTACK TYPES

6. Copyright © 2017 Accenture Security. All rights reserved. 6
INVESTMENT IS BEING MISDIRECTED TO
SECURITY CAPABILITIES THAT DON’T DELIVER
THE POSITIVE OR NEGATIVE VALUE GAPS
ASSOCIATED WITH SECURITY INVESTMENTS

7. Copyright © 2017 Accenture Security. All rights reserved. 7
WE RECOMMEND THREE
STEPS TO IMPROVE
CYBERSECURITY
EFFECTIVENESS
Build cybersecurity on a strong foundation
Invest in the basics but also innovate
Undertake extreme pressure testing
Identify vulnerabilities more rigorously
Invest in breakthrough innovation
Enhance program effectiveness and scale value
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8. About Accenture
Accenture is a leading global professional services
company, providing a broad range of services and
solutions in strategy, consulting, digital, technology
and operations. Combining unmatched experience
and specialized skills across more than 40 industries
and all business functions—underpinned by the
world’s largest delivery network—Accenture works
at the intersection of business and technology
to help clients improve their performance and
create sustainable value for their stakeholders.
With approximately 411,000 people serving clients
in more than 120 countries, Accenture drives
innovation to improve the way the world works
and lives. Visit us at www.accenture.com
About Accenture Security
Accenture Security helps organizations build
resilience from the inside out, so they can
confidently focus on innovation and growth.
Leveraging its global network of cybersecurity labs,
deep industry understanding across client value
chains and services that span the security lifecycle,
Accenture protects organization’s valuable assets,
end-to-end. With services that include strategy
and risk management, cyber defense, digital
identity, application security and managed security,
Accenture enables businesses around the world
to defend against known sophisticated threats,
and the unknown. Follow us @AccentureSecure on
Twitter or visit the Accenture Security blog.
Learn more:
http://accenture.com/security