Due to the cyber security deficit, the Asia-Pacific region's business and communications technology sector is at risk of $ 1.745 trillion dollars, which is more than 7 percent of the country's gross domestic product (GDP) 24.3 trillion dollars. A report published by Frost and Sullivan under the supervision of Microsoft found that the information was available.
'The concept of cyber security threats in the Asia-Pacific region: The protection of modern enterprises in the digital world' aims to make aware of the cyber security violations of influential people in the region's business and communications technology sectors, and to identify important issues in the implementation of cyber security strategies of various organizations. In this study, the survey was conducted with a total of 1,03,00,000 IT businessmen and sector-specific workers, with more than 500 employees of large organizations and organizations of the medium and large enterprises of the business and communication technology sector and 50 organizations of the organization.
According to the report, cyber security violations occurred in more than half the organizations participating in the survey. Of this, more than 25 percent of the companies are not sure about this. Besides, 27 percent of the organizations said they have no evidence to infringe information security.About this, Eric Lam, Director of Enterprise Cyber Security Group of Microsoft Asia, said, "The organizations are now adopting cloud and mobile computing services to connect with their customers and to use the full utility of their operations."He said, 'Traditional communication technology has made the new target of attack as a result of the invisible disappearance. As a result, organizations are experiencing significant financial losses. Customer satisfaction and reputation of these organizations is facing disaster, which is evident in the recent cyber security breach.
Based on the macro-economic data based on the answer to participants in the Frost & Sullivan survey, to calculate the amount of cyber-security losses in the Asia-Pacific region, an 'Economic Loss Model' was created. Three models of damage to this model have been considered, which may be due to cyber security violations. Financial losses are said to be financial losses for productivity, penalties and remedies. The loss of the customer due to cyber attacks in indirect financial losses results in the loss of the customer and the impact of cyber infringement in the ecosystems and economics of the economy; For example, consumers and enterprise spending reduction have been talked about.Along with financial losses, cyber-security infringement causes Asia-Pacific region to reduce the chances of taking advantage of the future of digital economy. One of the six respondents, who took part in the survey, said they stopped the institutional digital transformation after considering cyber-risk.