Catastrophic Cyber Event Could Cause Widespread Disruptions to Global Infrastructure, Study Suggests
5 Articles
5 Articles
A digital fire in the form of a large-scale malware event could capture 25 percent of all IT systems worldwide. Munich Re, a reinsurer, reports this on the basis of a survey of 93 IT security experts. However, there is also good news: the risk of such a scenario could be reduced by 50 to 80 percent, provided the companies take protective measures: consistent patch management, a smart network segmentation and regularly secured back-ups, according…
Mitigation measures can reduce malware risk by 50%–80%: CyberCube & Munich Re
Patch management, network segmentation, and data backups can reduce the likelihood and financial impact of widespread malware attacks by 50% to 80% when effectively implemented, according to a joint study by CyberCube and Munich Re. The two firms have published key findings from a study on severe cyber accumulation events and how effective mitigation measures can improve organisational resilience to systemic events. The survey gathered insights …
A serious malware event could affect up to 25 percent of all systems worldwide. This is the conclusion reached by Munich Re in a survey of IT security experts. The aim was to provide better insights into the modelling of cumulation events. Another result: the cloud dependency of companies is high. Meanwhile, the insurers' association GDV has published a guidance for insurers to review their cloud strategy in times of increased geopolitical uncer…
CyberCube & Munich Re Publish New Report on Risks
This latest report offers fresh insights on security and risks; CyberCube and Munich Re, both leading providers in their field of cyber risk, analytics and insurance, have published the main findings of a joint study [...] The post CyberCube & Munich Re Publish New Report on Risks appeared first on .
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