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Average economic loss for companies through cyber attacks in the Asia Pacific region in 2017, by type of loss

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Sources

Release date

May 2018

Region

APAC

Survey time period

2017

Number of respondents

1,300 respondents

Special properties

respondents are business and IT decision-makers involved in shaping their organizations’ cybersecurity strategies

Supplementary notes

  • Direct: Financial losses associated with a cybersecurity incident – this includes loss of productivity, fines, remediation cost etc.
  • Indirect: The opportunity cost to the organization such as customer churn due to reputation loss.
  • Induced: The impact of cyber breach to the broader ecosystem and economy, such as the decrease in consumer and enterprise spending.
Figures are based on a survey that involved 1,300 business and IT decision makers ranging from mid-sized organizations (250 to 499 employees) to large-sized organizations (more than 500 employees) in 13 economies: Australia, China, Hong Kong, Indonesia, India, Japan, Korea, Malaysia, New Zealand, Philippines, Singapore, Taiwan and Thailand.

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Average economic loss through cyber attacks APAC 2017, by type of loss

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