Bob Carver, a cybersecurity expert and CEO of cybersecurity boardroom said the average cost of a cyber hack is $4.88 million.
How much could the hack cost the city of Columbus and taxpayers?
Bob Carver, a cybersecurity expert and CEO of cybersecurity boardroom said the average cost of a cyber hack is $4.88 million. That number comes from IBM’s most recent report of a data breach for 2024.
“It’s a difficult time for any city or municipality to go through,” said Carver.
So far, the city of Columbus has been sued by Columbus police, firefighters and citizens.
The city hired Dinsmore, a law firm to handle its legal battle in this. 13,000 people have singed up for the city’s free Experian for those affected. Finally, Mayor Andrew Ginther has repeatedly said people are working overtime to resolve the issue.
Those factors, plus restoration could cost the city, a lot of …