A new study commissioned by Hewlett-Packard says that enterprises are continuing to deal with an increase in cyberattacks but have worked to become efficient in resolving events.

The 2013 Cost of Cyber Crime Study found each company spent $11.56 million on average to sort out denial-of-service, malicious-insider, web-based and other attacks, representing a 78 percent jump from 2000, HP said Tuesday.

“The threat landscape continues to evolve as cyberattacks grow in sophistication, frequency and financial impact,” said Frank Mong, vice president and general manager for solutions, enterprise security products at HP.

Firms with security intelligence products in place have managed to cushion the blow and report $4 million in annual savings per company.

With the help of advanced tools such as network intelligence systems, security information and event management, and big data analytics, the time it takes to resolve incidents has risen to nearly 130 percent.