Cyber-security incidents rise 48% to 42.8m this year

Singapore

A NEW study released on Thursday shows that the number of reported cyber-security incidents rose 48 per cent globally to 42.8 million this year. This is equivalent to 117,339 attacks per day.

The Global State of Information Security Survey 2015, released by PwC, notes that as the frequency of cyber incidents has risen, so too have the reported costs of managing and mitigating them. The study, into its 17th year, was done by PwC in conjunction with CIO and CSO magazines.

The estimated average annual loss from cyber …