💨 Abstract

The state of Israel’s economy suffers a 12 billion Shekel ($3.3 billion) annual loss due to cyberattacks, according to a new report issued by the country’s National Cyber Directorate. The amount presented in the report is based on an analysis of the costs of handling damage from an attack in the short term such as payments to an initial response team.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖