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Tag: average

Splunk: Downtime Costs Hit $600B as Shadow AI Grows

The average cost of downtime has reached $600 billion across the Global 2000, a 50% increase in just two years, according to a newly published report from Splunk. Produced in partnership with Oxford Economics, Splunk’s “The Hidden Costs of Downtime” report highlights the rising financial impact of cyber incidents, outages, and breaches, including a growing…

The missing cybersecurity leader in small business

The average cyberattack costs for a small- or medium-size business is more than $250,000. The salary for a chief information security officer (CISO) is about the same, pulling in between $250,000 and $400,000, according to the annual 2026 CISO Report from Sophos and Cybersecurity Ventures. Small- and medium-size businesses (SMBs) know they cannot afford the…