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Cyber Attack Banner

In 2017:

cyber-attack Cyber attacks have led to job losses in 3 out of 5 organisations in the country econommics Potential economic loss in Malaysia due to cyber-security incidents can hit US$ 12.2 Billion (equivalent to MYR 49.15 Billion)
delay Delay transformation plans within organisations

 

Out of 1,300 business & IT decision makers:

 

experienced cyber-security incident not sure if they have one, as they have not performed proper data breach assessment

What are the true cost of cyber-security incidents?

dollars
  • Large sized organisation can possibly incur an economic loss of US$ 22.8 Million
  • Mid-sized organisation can possibly incur an economic loss of US$ 36,000
reputation Damage to customer satisfaction & market reputation


Source: Digital News Asia - Cyber-security threats to cost Malaysian organisations US$12.2bil in economic losses




Find out how Chubb's Cyber Insurance covers business assets against the complexity of cyber threats here.


Disclaimer - This content is brought to you by Chubb Insurance Malaysia Berhad (“Chubb”) as a convenience to readers and is not intended to constitute advice or recommendations upon which a reader may rely. Chubb makes no warranty or guarantee about the accuracy, completeness, or adequacy of this content. It is the responsibility of the reader to evaluate the quality and accuracy of material herein.

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