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Counting the economic cost: How vulnerable could you be?

In Data Breach News
October 27, 2023

Lloyd’s of London pr:ovides some chilling predictions:

Organisations targeted by the cyber attack are directly impacted, seeing their operations disrupted and potentially incurring significant recovery costs. The loss of a critical payments network also results in significant secondary disruption across a wide range of industries, supply chains and infrastructure that is unable to operate as normal. Other factors affected include a loss of productivity and drop in consumer confidence.

Organisations targeted by the cyber attack are directly impacted, seeing their operations disrupted and potentially incurring significant recovery costs. The loss of a critical payments network also results in significant secondary disruption across a wide range of industries, supply chains and infrastructure that is unable to operate as normal. Other factors affected include a loss of productivity and drop in consumer confidence.

They provide an interactive tool to explore the cost of three severity levels and the conditional expected loss of the scenario by country or region.