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Cyber attacks caused revenue loss in 2016 | ||||||||
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Over one-third of organisations globally that experienced a cyber attack in 2016 registered a revenue loss of more than 20 per cent, a new report has revealed. According to global networking giant Cisco's annual report, 'Annual Cybersecurity Report 2017', more than 50 per cent of organisations faced public scrutiny after a security breach. Operations and finance systems were the most affected, followed by brand reputation and customer retention, the report said.
The report is based on a survey spanning over 13 countries and including 3,000 chief security officers (CSOs). | ||||||||
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