Michael is the Vice President of Strategy and Corporate Development at Perception Point. He is responsible for creating and executing Perception Point’s business and growth strategy. Michael is also leads the data analysis team which develops the financial modeling of the company, and manages their analyst relations. He focuses on M&A, corporate finance, and data analysis to enable better go-to-market strategies, forecast financial modeling, and hone interaction with investors.
Research commissioned by Perception Point finds that cybersecurity incidents cost organizations $1,197 per employee per year.
In terms of the potential risk and damages — prevention of attacks has a greater financial impact on the organization. One successful breach for an organization can cause damage amounting to millions of dollars — for bigger companies this could mean a significant loss in revenue, production capabilities, and a hit to their reputation, while for smaller companies it could spell disaster and even the end of their ability to operate.