At least 40pc of Irish organisations had at least one security breach in the past year and this has cost them at least 2.7pc of their annual turnover, according to a new infographic.
Dataconversions.ie compiled the infographic based on the 2013 security and cybercrime survey by Deloitte and EMC.
According to the survey, 40pc of Irish organisations had at least one security breach in the past year. The average cost of a breach is estimated at €135,000.
The survey indicates that 28pc of organisations do not know how many breaches occurred and only 33pc identify combating cybercrime as an active priority.
The study also shows that 45pc of organisations in Ireland consider compliance with regulations a main driver for investing in security technologies.
Almost half rate their ability to deal with security breaches as fair or poor.