Cyberattacks grow in prominence each and every day; in fact, 2017 was the worst year to-date for data breaches, with the number of cyber incidents targeting businesses nearly doubling from 2016 to 2017.
Now, new research from the UBC Sauder School of Business has quantified the security levels of more than 1,200 Pan-Asian companies in order to determine whether increased awareness of one’s security levels leads to improved defense levels against cybercrime.
The study found that when cyberattacks were less likely to directly harm a company, organizations were unlikely to prioritize security improvements. Firms were more likely to fix issues related to spam emails originating from their compromised computers, but failed to act when they were found to host phishing websites on their servers.
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