Dealing Efficiently with Cybercrime - Cyber Value at Risk in The Netherlands 2017
Compared to last year, the Dutch cyber threat landscape has developed rapidly, and has only been partly offset by improvements in
cybersecurity. However, by including Small and Medium-sized Entities (SMEs) into this year’s analysis, we note that this group requires
special attention from the wider community.
The main observations of this report are as follows:
- Expected cyber risk for Dutch SMEs totals roughly €1 billion and for larger organizations is estimated around €9 billion.
- SMEs are largely failing to adequately protect themselves against cyber risks, in part because costs are too high.
- Through their supply chains, larger organizations are inadvertedly exposed to third party risk from SMEs.
- Growing third party risk combined with increasing sophistication of cyber threats amplifies systemic cyber risk.
- As a consequence, cyber Value at Risk (“worst-case” scenario) is increasing while returns on cybersecurity investments are declining.
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