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In Asia, about 7 out of 10 companies are confident of their online presence despite the rapid digital revolution, the increase in the number of cyber attacks, and the growing forms of cyberbullying. However, about half (48%) agree that there is still room for improvement when it comes to online hygiene practices that are important in online risk management. This is according to Asia Insights of the State of Cyber Resilience, published Tuesday by Marsh, the world’s leading insurance broker and risk adviser, and Microsoft Corp., a leading platform and leading cloud-producing, cloud-based manufacturing company.
The report revealed that more than 3 out of 5 companies (64%) in Asia have been affected by cyber attacks. Among the various forms of cyberbullying, about 7 out of 10 respondents (68%) cited breaches of the privacy as a matter of serious concern, followed by ransomware (58%).
Marsh India recently released report – The State of Cyber Resilience – Marsh Microsoft Cyber survey results. The report is based on a study conducted by Marsh and Microsoft, which had 660 respondents this year.
Of these 660 respondents, more than 80 are from Asia. How do their views differ from those of the rest of the world, especially when it comes to their blind spots? Although 69% expressed confidence in the strength of their organization’s online presence, almost half (48%) agreed that their online hygiene practices could be improved.
Although most Asians see privacy breaches and data loss as high cyber threats (ransomware is a global threat), 26% made no progress on the security of their computers, devices, and systems, while 31% did not improve their data. defense skills.
35% test new technologies for internet accidents only when an attack or incident occurs, doubling 17% worldwide.
Critical online controls are also in short supply, and 34% have no access and accountability, compared to 22% worldwide.
Significantly, only 12% of Asian companies measure their financial exposure to online risk, less than 26% of the global average.
In addition to sharing just the best photos of the data, our report continues to explore the implications and propose solutions to overcome these challenges.