In 2018, the total cost of cyber crimes grew by a third compared to 2016, to $600 billion, but investments in cyber security only increased 10 percent over the same period. Despite growing anxieties around cyber, traditional security strategies and investments continue to lag. For organizations focused on balancing their growth plans and cyber security priorities both challenges and opportunities remain.
Produced by Marsh & McLennan Companies in collaboration with Mandiant, a FireEye company, Advancing Cyber Risk Management: From Security to Resilience outlines the key factors that increase cyber risk and the complications that impact resilience, particularly for multinationals whose operations span geographies and regulatory jurisdictions.
The report underscores the need for today’s business models to redefine a resilient workplace culture as a fundamental strategy, while building cyber resilience from an end-to-end risk management perspective.
Cyber threats and their impact
Cyber attacks may be inevitable, but system compromises and impactful data breaches do not have to be
Read the full report below.