The Evolution Of Cyber Risk: Addressing Geopolitical Threats

Ransomware, data breaches, phishing schemes—cyber attacks can take many forms. Traditionally, the motive of these attackers can often be traced back to some sort of tangible goal. An attacker may want to extort some financial gain from a business, while another may seek to gather sensitive information to commit other crimes, like fraud.

Any breach or lapse in security can lead to potentially devastating regulatory fines, lost resources, repair costs, or even irreparable damage to a brand. Fortunately, in these cases, security teams still have the advantage of understanding what an actor might do or is planning to do based on those goals. Patterns emerge and security professionals can take steps to mitigate risks and deter attackers from going after their business.

For business leaders, it’s a frightening prospect. An IBM reportfound that the cost of a single data breach can soar well beyond $4 million. And now, the...

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