Yearly Cyber Report Reveals Large Increases in Cyberattacks and Costs
The third Hiscox
Cyber Readiness Report, which was published in April 2019, highlights
the increased cyber risks that businesses are facing. The report, which drew
data from seven countries (Belgium, France, Germany, the Netherlands, Spain, the
United Kingdom, and the United States), noted the marked rise in both the
amount of attacks and the overall costs stemming from cyber losses. Turning
first to the increase in cyberattacks, 61 percent of respondents reported a
cyber incident, up from 45 percent last year across the seven…
Continue Reading