Phishing and Social Engineering Top Drivers of Cyber Disruptions

The latest BCI Cyber Resilience Report, an analysis of cyber security incidents experienced by organizations across the world and how they respond to them, confirms that phishing and social engineering are maintaining their position as the top drivers of cyber disruptions. More than half (57%) of the survey respondents indicated that these drivers played a role in their organizations’ cyber disruptions.

The report also found that nearly two-thirds experienced at least one cyber disruption during the previous 12 months. And 15% of those reported at least 10 disruptions.

Published by the BCI in collaboration with Sungard Availability Services®, the study highlights the scale of the cyber threat, and the potential cost of attacks on our organizations around the globe. This fact is evidenced by one third of respondents reporting cumulative losses in excess of €50,000 ($64,000 US), while 13% put this figure in excess of €250,000 ($320,000 US).

The complete 2017 Cyber Resilience Report is available through the BCI.

 

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