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5 Costly Hacker Attacks Plaguing Enterprises

Security firm Solutionary, which analyzed data from more than 2,000 customers, found many common security weaknesses and threats force firms to open their wallets. Here are five of them.

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Costly Web Application Attacks

Web application vulnerabilities continue to be a serious problem. Retailers accounted for the bulk of attacks on Web applications, according to Solutionary, which said cybercriminals are very likely trying to access the databases containing credit card data. A SQL injection attack against a company's custom application source code repository proved extremely costly, according to the study. Identifying, responding to, and investigating the incident cost the firm more than $26,000, Solutionary said. Improved software security processes, robust monitoring and verbosity of logs can help reduce the costs.

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