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Email Out, Business Out: Three-Day Outage Could Cost Billions

I read this as “an attack on Microsoft would cost the UK billions…” Do you have an alternative plan if your mail vendor goes down?…:

[…] The analysis shows that 47% of businesses in the UK use “one vendor in particular.” The vendor is not named. But an outage would provide “an excellent example on which to model the potential implications of a cyber catastrophe targeting such a crucial platform,” the study states.

The study estimates that “the economic loss estimate for the cyber event within a three-day email service outage or the entire active companies in the UK” would be U.S. $44 billion.

However, the “economic impact of the event,” the “ground up loss,” is seen as $4.9.billion.

And the gross insured loss — a figured determined by “taking into account insurance adoption rates as well as the terms, conditions and average waiting periods before business interpretation coverage is activated” — is $3.25 billion.

[…]

Original article here

Peter Glock
Over 30 years of designing, building and managing telecoms and IT services. Primarily working with large enterprise and professional services businesses in Asia, North America, continental Europe and the UK. Information security professional, secret physics nerd.
https://brownglock.com

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