Economic feasibility of the cybersecurity in today’s market

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Economic feasibility of the cybersecurity in today’s market

The problem of the XXI century — cyber-attacks, that inflict huge financial losses on the global economy. During the past few years the vector of computer threats has significantly shifted to targeted attacks, cybercriminals have begun to play a big game. Last year the main news is about hackers. Indeed, we have entered the era of mass hacker attacks. This is evidenced by the increasing number of attacks and their aggressiveness. Losses from such attacks are growing each year.

On average attack by hackers costs the company $3,79 million, more than in 2014, According to the latest well-known research company Lloyd’s of London, last year the economy of the world’s companies lost about $450 billion due to the constant attacks of hackers. As noted in the company, a one-time attack on the cloud service providers and their customers, which leads to a disruption of the work of enterprises, the world economy loses $4.6 billion. If we are talking about a major attack, this figure may reach $53.1 billion. If the attack lasts long and affects a whole organizations web, the damage usually reaches $121,4 billion.

As a consequence, appears a new kind of services, provided on the market. Cyber insurance is becoming one of the most important elements of modern business, the year 2016 in the USA manufacturers paid for cyber insurance $36.9 million. This is 89% higher than a year earlier. Companies are increasingly turning to a cyber-insurance in view of the increasing use of the Internet. But a cyber insurance is not a panacea. Because the insured only part of the database and insurance can’t cover all costs. So, the retailer Target at the end of the hacking lost $1 billion, but the insurance payments did not exceed $100 million, researchers are reporting. The average insured only 12% of the digital assets of the business, but 50% of the physical assets.

As a consequence to protect our data from hackers can only the cybersecurity technical solutions in. The global market for a cyber security is estimated to be $122 billion by 2021 this figure will increase to $200 billion. To a venture investor solution in the field of cybersecurity, particularly in some of its segments, remains one of the most promising directions. According to Momentum Partners, this year first quarter, the market raised $609 million (55% of them are trades early stages), and for the last 8 quarters (since the end of the 1st quarter of 2017) it has invested a total of $8.2 billion. Gartner, is the one of the world’s largest analytical agencies, predicts the rapid development of the technology of behavioral analysis and the Entity or User Behavior Analytics (UEBA). Theoretically, behavioral analysis can indeed be at the forefront of cyber defense in the near future, since its practical importance is difficult to overestimate. But there is a problem — a human factor. The safety officer may not equally closely monitor the actions of even 200 users, and what can we do to corporations with a staff of 10,000 employees. But this problem can be solved using an artificial intelligence. The 2016 year was a record year for AI startups, in terms of attracted investments volume of transactions amounted to more than $5 billion, and the number of transactions has exceeded 650.

One of the solutions is a product developed by our team. “DASERON” is a global decentralized and secure information system for content selling and sharing. This project will revolutionize the cybersecurity field. System self- regulated by an artificial Intelligence and intelligent contracts. Data is stored in the database as a “black box” and it is not available to decrypt and extract to anyone other than Artificial Intelligence. This allows the system to identify the user, but to keep him incognito for all.

For more information you can go to the website of our product: