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The Economic Impact of Adverse Cybersecurity Attacks

It is estimated that the United States lost approximately USD 40 billion last year (2018) due to Cybersecurity attacks, These can take many forms including;


- Denial of Service (DoS) - Man-in-the-Middle (MitM) - Phising & Spear Phising

- Drive-by-Attack - Password Attack - SQL injection

- Cross-Site Scripting (XSS) - Eavesdropping Attack

- Malware & Birthday Attacks


These have resulted to different kinds of significant Losses like;


i. Loss of IP ii. Loss of Revenue

iii. Loss of Strategic information iv. Public Relations difficulties

v. Reputational Damage vii. Court Settlements & Fees

vii. Increase Cost of Capital ix. Breach notifications

viii. Loss of Data & Equipment x. Consumer Protection Vulnerabilities


Thus, it is imperative for public and private organizations to take proactive preventive measure to protect their sensitive data from hackers and adverse actors. Cyber resources differ in range and breath thus your platform can be configured to suit your needs. Contact us at info@axis-innovation.com for more details.

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