State-sponsored hackers count on going overlooked or undetected when they infiltrate organizations’ systems.
Even an attack against a midsize bank could have a spillover effect causing a threat to the solvency of a top-five institution, Milliman says.
Understanding the business model behind cybercrime can be a helpful thought experiment to help CFOs allocate appropriate resources to cyber defenses.
Three-quarters of boards are more involved with cybersecurity than last year, but only a quarter share information externally after an attack.
Fifty-eight percent of almost 3,000 participants say cyber thefts will increase in the coming year, while only 16.1% say otherwise.
A draft proposal by three agencies seeks to boost cyber defenses and reduce the impact on the financial system of an attack.
Hidden in the depths are cybersecurity perils that could really bring down suppliers, partners, and systems.
A flurry of attempts to model the risk of a corporate cyberattack hasn’t provided many answers.
