Cyber threats: Living with disruption (2021 survey themed report)

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Cyber threats are becoming a form of disruption that organisations must learn to live with:

• Ransomware extortion has rapidly become the key cyber threat to organisations globally.
• A major uptick in business interruption following a cyber event is driving changes in the insurance landscape as businesses turn increasingly to insurers for additional protection. Yet, organisations are facing difficulties getting cover for cyber threats from their insurers.
• Disruptive cyber attacks are increasingly becoming normalised as part of regional rivalries in geopolitical hotspots. State-sponsored groups have probed the critical national infrastructure of rival states. Disruptive cyber attacks against critical systems in a country’s infrastructure increases the likelihood of systemic impacts beyond the intended target, and organisations will need to consider their exposures when operating in geopolitical hotspots.
• Disinformation campaigns are likely to become a growing concern over time. The booming ‘disinformation-for-hire’ market is likely to increase the direct threat of disinformation to private entities.