The average cost to a business impacted by a cyber-crime attack has risen by 200% in the past five years.
May 19, 2017
Governance, risk and compliance (GRC) training specialists Eukleia and learning game experts Preloaded, alongside learning and engagement specialists LEO have developed a new training game to engage learners in the fight against cyber-attacks. Zero Threat goes beyond raising cyber-security awareness to focus on achieving real behavioural change, and was developed in response to the rapidly growing problem of cyber-crime.
The average cost to a business impacted by a cyber-crime attack has risen by 200% in the past five years. The number of ransomware attacks – in which criminals hack systems, shut them down and demand payment to restore them – quadrupled in 2016, with an average of 4,000 attacks per day. Cyber-attacks in 2016 cost Bangladesh Bank $81 million, breached the accounts of 9,000 Tesco Bank customers, and stole data from a billion Yahoo users. And while the immediate cost of fixing the issues is already high, an even greater cost can ensue from the reputational damage that leads to customers questioning the security of their data or their savings.
The problem is vast, global, and growing, as we’ve seen with the recent cyber-attack that affected devices in 150 countries and temporarily crippled a number of NHS services.
Hackers look for the weakest link in an organisation’s defences, and as businesses ramp up their IT security, increasingly that means targeting their people. Technology can be circumvented by tricking employees into downloading malware or giving out sensitive information.
The Financial Conduct Authority (FCA), the UK National Cyber Security…