In the previous article we explored how our cyber attacks analysis works.

BUT WHAT ARE THE ADVANTAGES OF THIS ANALYSIS AND HOW CAN YOU USE IT TO PROTECT YOUR BUSINESS?

Companies, institutions, research centers, insurance companies that offer policies against cyber risks, professionals dealing with threat modeling, cyber risk management and cyber strategy: the cyber attacks analysis can be useful to various entities.

In particular, we can identify 4 main objectives.

a)  Check the Cyber ​​Security strategy

From the analysis of the threats depicted in the scenario that we present each year, it is possible to understand where cyber security strategies have failed and how to improve them.

In fact, it is important that companies, as well as institutions and even more critical infrastructures, frequently check their defenses, as cyber problems are constantly evolving.

Getting insight into the latest threats that have proven successful is certainly the best way to gauge how effective your defenses might be or where to make changes to your overall strategy.

b) Identify threats specific to your industry

Still with regard to the refinement of one’s cyber defenses, evaluating which problems of the digital world particularly afflict one’s own product sector is a priority.

Cyber ​​attacks, in fact, include different types and do not affect all business areas in the same way.

It is reasonable to assume that institutions, critical infrastructures and multinationals or large companies are more exposed to cyber risks than small or medium-sized companies, but it is also true that they have fewer resources to manage emergencies.

Obtaining information on specific threats for your area and analyzing their trends over the years is therefore absolutely strategic to assess the situation and understand how to best defend yourself.

c) Optimize the budgets dedicated to Cyber ​​Security

The world of Cyber ​​Security is complex, we know, and unfortunately there is no single solution capable of remedying all related risks like a “magic bullet“.

On the contrary, the threats are different, so the defensive strategies will have to foresee a mix of technical, training, organizational and management solutions.

The cyber attacks analysis is very important to understand which components must not be missing in your specific mix and how to spend the corporate Cyber ​​Security budget more effectively and efficiently.

Only by understanding which threats concern your own sector you can be certain that you are reasonably evaluating the most correct purchases and actions.

d) Obtain data on cyber incidents

Our sample includes over 7,000 successful cyber attacks in the last 4 years, including more than 2,500 against Critical Infrastructures.

A number of notable events from which it is possible to deduce a lot of information, from the reasons for the attack, the product sector targeted, the type of technique used, the geographical area, the criticality of the attack and related impacts.

These information can be very relevant in particular for insurance companies that provide policies against cyber risks and that need data useful for assessing the frequency and severity of threats and to be able to correctly calculate the premium for the mitigation of the residual risk.

Although the aim of raising awareness on IT Security issues remains our main objective, the criticality of the situation that has arisen following the extraordinary growth of cyber threats has convinced us that this analysis must continue to evolve, transforming itself into a real work and decision support tool.

Contact us for more details and see a sample of our data on our Dashboard.