Financial Impacts of Cyber Crime

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Which of the following is the focus of the module on cybersecurity?

The offensive side of cybersecurity

The defensive side of cybersecurity (correct)

The basics of cybersecurity

The financial impacts of cyber crime

What is the purpose of the National Cyber Security Centre's 10 Steps to Security?

To describe strategies to prevent cyber attacks

To list financial impacts of cyber crime

To define security maturity

To provide a security strategy approach for organizations (correct)

What are the common approaches organizations take to respond and recover from cyber attacks?

Preventing cyber attacks

Detecting cyber attacks (correct)

Using threat intelligence sources

Using symmetric and asymmetric cryptography

What are the three key properties of secure communication?

Confidentiality, integrity, and availability Signup and view all the answers

What is the cost of cyber crime to organizations?

Hard to predict in advance and very damaging Signup and view all the answers

What is security maturity?

A measure of an organization's ability to defend against cyber attacks Signup and view all the answers

What is symmetric and asymmetric cryptography used for?

To ensure secure communication Signup and view all the answers

What is threat intelligence?

Information about potential cyber threats Signup and view all the answers

What are the learning objectives of this module?

To prevent cyber attacks Signup and view all the answers

What does the module focus on in relation to cybersecurity?

The defensive side Signup and view all the answers

According to the 2022 Cost of a Data Breach Report, what is the average global total cost of a data breach?

$4.35M Signup and view all the answers

What has been the percentage increase in the cost of a data breach since 2015?

14.8% Signup and view all the answers

What is the biggest contributor to the costs of a data breach?

Lost business Signup and view all the answers

According to the Hiscox Cyber Readiness Report 2021, what proportion of firms reported cyber attacks in 2021?

43% Signup and view all the answers

Which sectors were the hackers' favorite targets according to the Hiscox Cyber Readiness Report 2021?

Technology, media and telecoms (TMT), financial services, and energy Signup and view all the answers

What percentage of the average firm's IT budget is now devoted to cybersecurity according to the Hiscox Cyber Readiness Report 2021?

21% Signup and view all the answers

What percentage of the firms reporting cyber attacks had to deal with a ransomware demand according to the Hiscox Cyber Readiness Report 2021?

16% Signup and view all the answers

What percentage of the firms targeted by ransomware paid a ransom according to the Hiscox Cyber Readiness Report 2021?

58% Signup and view all the answers

What metaphor is used to describe a cyber attack in the text?

A pollutant in the environment Signup and view all the answers

What is the key driver for the cybersecurity industry according to the text?

Rising costs from direct impacts and fines Signup and view all the answers