Friday, January 22, 06:40
Home security 1 to 10 companies losing over $ 10 millions due to cyberattacks

1 to 10 companies losing over $ 10 millions due to cyberattacks

CompaniesThe annual losses from cyber attacks are estimated at many millions of dollars. A new survey of ESI ThoughtLab and Willis Towers Watson showed that one in ten (or more) companies loses over 10 million dollars a year due to attacks on Internet.

The research involved 467 businesses of various domains, in 17 countries. The results showed that attacks cyber-targeting companies around the world and so an increase in investment (34%) in security is expected next year. About 12% of the companies that participated in research, said they intend to increase them investments their cyberspace by 50%.

Businesses are beginning to realize that this is necessary as attacks are becoming more frequent and dangerous. In particular, there was a significant increase in the percentage of companies affected by an attack. Last year the rate was 57%, while this year it was 71%.

It was also observed that in addition to the increase in the number of attacks, their "intensity" increased. Companies suffer much greater losses. According to the study, Chinese, Japanese and Indian companies estimate that they lose about 10% of their revenue from the attacks.

"Countries like India are at a higher level risk, as companies place great emphasis on technological innovation, such as the Internet of Things and Artificial Intelligence, making the data more accessible to attackers, "said one researcher and went on to say that companies are not focusing on safety despite the increased risks.

Companies should focus on defense, threat identification, employee training and application an integrated approach to risk management.

Researchers argue that companies need to be proactive and protect their systems at many levels. Most businesses believe that to cope with them threats must invest in advanced technological systems. However, this is not enough. They need to invest in the right people. In professionals that will help them protect their systems.

LEAVE ANSWER

Please enter your comment!
Please enter your name here

Absent Mia
Absent Miahttps://www.secnews.gr
Being your self, in a world that constantly tries to change you, is your greatest achievement

LIVE NEWS

Mac: How to see which model you have and when it was released

When you need support for your Mac - or want to install some kind of upgrade - you usually need to know the exact ...
00:02:35

Bill Gates: Will he work with Biden on COVID-19 / climate change?

Microsoft co-founder Bill Gates said on Twitter that he is looking forward to working with the new US President, Joe Biden, and ...

What are the rumors circulating about the iPhone 13?

Apple iPhone 13 will have a redesigned Face ID system that will have a smaller notch at the top of the screen, ...

Biden: How was the political transition in the US captured on social media?

As Joe Biden was sworn in as President of the United States, this important political transition was captured on popular social media. On January 20, ...

CentOS ceases to be supported but RHEL is offered for free

Last month, Red Hat caused a great deal of concern in the Linux world when it announced the discontinuation of CentOS Linux.

Microsoft Office 365 employee passwords leaked online!

A new large-scale phishing campaign targeting global organizations has been found to bypass Microsoft Office 365 Advanced Threat Protection (ATP) and ...

COSMOTE and Microsoft provide new cloud solutions for businesses

COSMOTE and Microsoft expand their cooperation, offering even more advanced and high quality cloud solutions, in large and small ...

Cyber ​​attacks in Eastern Europe are on the rise!

The cyber-attacks that have taken place in many US government agencies and companies in recent months have caused concern in the developing countries of ...

Tesla reduces the prices of the Model 3 in Europe

Tesla has reduced the prices of the Model 3 in many European markets, which reductions could be partly linked ...

iOS, Android, XBox users in the crosshairs of a new malvertising campaign

Recently a new malvertising campaign was discovered that targets users of mobile and other connected devices and uses effective ...