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Figures to know in cybersecurity
$13.8 trillion
yearly cost
The estimated yearly cost of cybercrime by 2028 (compared to $9.2 trillion in 2024).
95% of incidents
in cybercrime
Can be attributed to human error, representing the importance of leveraging AI and innovation to protect your business.
72% of businesses
affected
As of 2023, the majority of businesses worldwide have been affected by ransomware attacks.
$1 for every $4
ROI
For every dollar spent on cybersecurity, companies can expect a return of $4 in avoided losses from potential breaches.
$13.8 trillion
yearly cost
The estimated yearly cost of cybercrime by 2028 (compared to $9.2 trillion in 2024).
95% of incidents
in cybercrime
Can be attributed to human error, representing the importance of leveraging AI and innovation to protect your business.
72% of businesses
affected
As of 2023, the majority of businesses worldwide have been affected by ransomware attacks.
$1 for every $4
ROI
For every dollar spent on cybersecurity, companies can expect a return of $4 in avoided losses from potential breaches.
Cybersecurity enhancement initiative
Cybersecurity enhancement initiative
Challenge:
SNCF was searching for a partner to assist in developing and implementing an urgent security enhancement plan for its public website. The bank recognized the need to bolster its cybersecurity measures to protect sensitive information and maintain customer trust.
Solution:
PALO IT conducted an audit of website focusing on: security, performance, robustness, accessibility, and maintainability. The audit provided proposals for enhancing compliance, detailing associated costs, highlights, and risks, giving the company a clear picture of actionable steps forward.
100%
Of security breaches and performance issues identified.
< 1 hour
MTTR (mean time to response).
24 hours
Time-to-patch for critical vulnerabilities.
Cybersecurity enhancement initiative
Cybersecurity enhancement initiative
Challenge:
The Banque de France aimed to improve the secure delivery of applications to production, and turned to a security audit focused on application code. This initiative targeted to identify vulnerabilities and buff up the overall security posture of their digital services.
Solution:
PALO IT implemented a three-phase approach: framing, where the team reviewed security audit reports, source code, and documentation; an audit, including documentation review, compliance checks, UX assessments, and a handcrafted code review; and finally a detailed restitution phase.
30
Applications audited.
< 1 hour
MTTR (mean time to response).
24 hours
Time-to-patch for critical vulnerabilities.
Our ecosystem
