The 2023 Cybersecurity Risk Report from RiskLens, the authority on cyber risk quantification (CRQ), finds the government and healthcare sectors face the highest average risk of loss in dollar terms from a cyber incident in a year.
The new report draws on RiskLens extensive data science research, covering nine industries and seven cyber risk categories (insider misuse, ransomware, etc.) to give a rich and detailed look at the cyber risk landscape that organizations can use to benchmark their own cyber security risk management posture.
RiskLens data scientists applied data from industry sources and ran hundreds of thousands of simulations of risk scenarios to generate results with cyber risk quantification. FAIR (Factor Analysis of Information Risk) is the underlying model for the research, as well as the risk analysis SaaS platform and managed services offered by RiskLens. (Note the representative/reference organization used for this simulation study is a mid-sized organization in North America of 500-1,000 employees and USD $100M-$1B in revenue.)
Government and healthcare led the list of top industries by total loss exposure with $7.6 million and $5.5 million respectively.…
