UM Labs

What makes organisations take so much risk with everyday communication cyber security?

Monday, 21st January 2019 | Posted in: Blog

Cybercriminals are now estimated to pocket $1.5 trillion annually, a staggering amount equal to Russia’s gross domestic product, and five times the cost of approximately $300 billion resulting from natural disasters in 2017. Some studies predict that the takedown of a single cloud provider could result in $50 billion to $120 billion in economic damage, similar to the financial carnage stemming from Hurricane Sandy and Hurricane Katrina. May 2018, a…

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