Tag Archives: data hackers

Cyber Risks: A Severe and Present Danger

computersecurityblogHow are we managing cyber risks in an interconnected world?  There are surprising key findings from The Global State of Information Security® Survey 2015. from PricewaterhouseCoopers.

There are severe economic dangers and bigger push for solutions.

The annual survey of more than 9,700 security, IT, and business executives found that the total number of security incidents detected by respondents climbed to 42.8 million this year, an increase of 48% over 2013. That’s the equivalent of 117,339 incoming attacks per day, every day.

Security incidents outpace GDP and mobile phone growth.
Global security = 48%
Global smart phones =22%
Global GDP=21%

What are the costs?
Not surprising in light of last year’s prominent breaches (Target, JP Morgan Chase, Home Depot, and others), is the finding that bigger losses are more common:  Organizations reported financial hits of $20 million or more and this increased 92% over 2013.

Read the full report