One in seven businesses have lost a day or more to a cyber event in the last 12 months, according to global research for commercial insurer QBE, which also emphasises that a major share of cyber attacks stem from a supplier’s vulnerability.
In addition, a Control Risks report for QBE has found that successful, significant cyber incidents have grown 42% in Europe and North America between 2023 and 2024, driven by geopolitical factors such as the war in Ukraine. Globally, strategically disruptive cyber attacks doubled from 103 in 2020 to 196 in 2024, and are forecast . . .
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