Sentences with phrase «impact of cyber threats»

According to the Ponemon Institute, the impact of cyber threats is rising, with the average cost of a data breach now over $ 7 million.

Not exact matches

These figures underscore the importance of financial organizations staying aware of wide - ranging cyber threat vectors and potential impact of those threats, so they can implement best practices that keep their information secure and reduce potential damages if they do suffer a cyberattack.»

The recent «WannaCry» ransomware attack that took down the NHS has been a global wake up call to businesses about the real threat and impact of cyber hacks.

The insurance industry must also be alert to the fact that there are multiple potential benefits linked to big data analytics and processes, but there are also a number of growing risks, such as privacy issues and cyber threats, which may have a significant reputational impact on the insurer and the sector if they were to materialise, apart from other consequences attached to regulatory breaches.

As early as 2004, the National Military Strategy of the United States of America identified cyber attacks as a type of «asymmetric» threat that «may rely more on disruptive impact than destructive kinetic effects».