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Cyber Attacks On Trust Could Cost Top Firms $398m, says Ponemon

“Until now, the cost of failed trust from these attacks has not been quantified, but the Ponemon
report claims to provide the first hard research data about the financial risks. ‘Cyber criminals understand how fragile our ability to control trust has become, and as a result, they continue to target failed key and certificate management,’ said Venafi CEO Jeff Hudson. ‘One of the biggest problems is the lack of knowledge and understanding of how trust works on
the internet by C-level executives, who tend not to listen to those at the coal face, even if they are warning of the risks,’ he told Computer Weekly.”

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