Today’s cybercrimes put your grandmother’s spam email list to shame. According to a 2011 study by Ponemon Institute, the median annual cost of cybercrime for a large company is $5.9 million per year. Ponemon and ArcSight studied the effect of cybercrime on 50 large organizations in various industry sectors in the United States for the “Second Annual Cost of Cyber Crime” study.
Keeping up with the latest digital innovations has replaced economic conditions and regulatory changes as the biggest concern for global executives this year.
Wage and hour settlements accounted for $1.2B of the total.
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Follow these 4 steps to help protect profit and avoid currency related losses while doing business across borders.
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