To ensure the X-Analytics Application remains current and produces reliable outcomes, the X-Analytics Research Team aggregates and analyzes historical and cyber risk intelligence data to calibrate backend variables within X-Analytics.
This update includes:
Industry Threat Baselines: -8.5% change since last update
The industry threat baselines decreased by an average of 8.5% since the last update. Most of this decrease is due to a shift in physical skimming activity.
Crimeware (including ransomware), Everything Else (including unknown and unclassified events), and Denial of Service Attacks are still the top three threat categories (in order of most likely to least likely). However, Web Application Attack activity is coming in at a very close fourth place position.
In addition to physical skimming activity, there is also a noticeable decrease in Misuse, Error, and Physical Theft and Loss activity.
Despite the overall decrease in threat activity, Management of Companies and Enterprises (55) and Aviation (481,488,492), and Utilities (22) experienced an increase in threat activity.
The decrease in threat activity will cause a decrease in cyber exposure for most customers.
Data Breach Probability Baseline: -0.6% change since last update
Data breach probability baseline decreased by an average of 0.6% since the last update.
This decrease is mainly due a decrease in unauthorized access, theft, and error-based data breach varieties.
The average size of data breach is still between 200k and 300k records.
The decrease in data breach probability will cause a decrease in data breach cyber exposure for most customers.
Business Interruption (DoS) Probability Baseline: +11.0% change since last update
Business interruption (DoS) probability baseline increased by an average of 11.0% since the last update.
The increase in business interruption (DoS) probability is mainly related to an increase in geopolitical activity, increase in hackers favoring DNS amplification and application-layer attacks to cause disruption, and an increase use of Mirai Botnet variants.
The increase in business interruption (DoS) probability will cause an increase in business interruption (DoS) cyber exposure for most customers.
Business Interruption (Other) Probability Baseline: -10.9% change since last update
Business interruption (Other) probability baseline decreased by an average of 10.9% since the last update.
The increase in business interruption (Other) probability is partially related to a decrease in cloud-outages, network-outages, and human-error based outages.
Though, human error is still a very common reason why outages occurs.
The decrease in business interruption (other) probability will cause a decrease in business interruption (other) expected loss for most customers.
Ransomware Probability Baseline: +0.1% change since last update
Ransomware baseline probability has increased by an average of 0.1% since the last update.
This is a very meager increase as compared to the last update. Maybe this is a sign that ransomware probability will dampen over the next month.
This slight increase in ransomware probability will cause a slight increase in ransomware expected loss for most customers.
Misappropriation Probability Baseline: +0.3% change since last update
Misappropriation baseline probability has increased by an average of 0.3% since the last update.
This increase in misappropriation probability is partially related to an increase in business email compromise (BEC) and fund transfer fraud (FTF) activity.
The increase in misappropriation probability will cause an increase in misappropriation cyber exposure for most customers.
If you have questions, please contact your X-Analytics Customer Success Team Member.
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