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The significant cost and efficiency benefits of CCM vs manual, point-in-time management of cyber controls
How we achieve this, and the typical costs, cost savings and ROI, are all detailed in our CCM Costs and ROI Analysis Infographic
We continually review client environments to assess the cost of the traditional, largely manual, approach to managing and auditing security controls systems.
Business leaders and decision makers must also factor in the potential cost exposure of persisting with ineffective traditional methods of controls monitoring, audits and compliance.
Such an approach makes little or no business sense, however. An effective Continuous Controls Monitoring solution such as the Quod Orbis CCM managed platform not only enhances security posture and cyber resilience, but also delivers very significant cost savings over the traditional, manual-intensive approach.
$3.86m average, 7.13m in healthcare
The average total cost of a data breach was $3.86m in 2020, with Healthcare having the highest industry average cost at $7.13m.Source: IBM/Ponemon, Cost of Data Breach Study 2020.
280 days on average
The average time spent identifying and containing a data breach (the “breach lifecycle”) was 280 days in 2020. However, breach costs can linger for years.Source: IBM/Ponemon, Cost of Data Breach Study 2020.
See the unique Quod Orbis CCM (Continuous Controls Monitoring) solution for yourself.