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Cost of cyberattacks difficult to measure, EU agency finds

By Magnus Franklin ( August 11, 2016, 10:11 GMT | Insight) -- The EU agency in charge of cyberattacks has confirmed what many chief technology officers have long known when trying to persuade their companies to spend money on cyberdefenses: putting a price tag on hacking is almost impossible. But if acknowledging a problem is the first step toward solving it, ENISA’s report should set off alarm bells in the financial, information technology and energy industries.The EU agency in charge of cyberattacks has confirmed what many chief technology officers have long known when trying to persuade their companies to spend money on cyberdefenses: putting a price tag on hacking is almost impossible....

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