Cyber Nation Central
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Why Care & Why Now
Why should you as a Board and C-Suite prioritize breach prevention over breach response,
get yourselves cyber-ready urgently, and maintain a disciplined culture of cybersecurity?
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Pursuing higher-purpose security of our nations, organizations, and citizens, one based on integrity, trust, partnership, digital privacy, and fulfillment of mutual interests.
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Cybercrime is now the third largest economy in the world. 
CEOs and government executives will pay $7.9 trillion for it in 2023

Cybercrime growth is outpacing all industries, including cybersecurity

  • Private and government sector leadership is projected to spend $7.7trn more on covering the cost of cybercrime in 2023 than on cybersecurity.
  • Boards' current methods of dealing with cybercrime are not working. 
  • More technology is not solving the issue. 
  • ​The cybercrime-cybersecurity gap is projected to reach $10.1trn by 2025 as cybercrime outpaces the growth of not just the cybersecurity industry but all industries.
  • ​This means your EBITDA growth is not enough for you to outrun its impact unless you shift your strategy.

Boards & C-Suites of US companies will pay an average of $9.9mm per breach in 2023.

  • Canada is in second place, at $5.9mm average cost of breach.
  • ​UK has climbed to third place as the most expensive average cost of breach country, as of 2022.

Healthcare topped all others as the most expensive average cost of breach industry for the 12th year in a row. Financial services was second

  • The average cost of breach in the healthcare industry keeps rising year over year.
  • With the vast amounts of technology being deployed into the industry, it is clear we need a different approach.

This cost accounts for only the 7
"above-the-surface" cyberattack impact factors. It omits 8 "beneath-the-surface" ones that can be even more costly

"Beneath-the-surface" breach impacts can be nearly 30x more costly than those "above-the-surface"

Using this Case Study and the $11.1mm average cost of "financially quantifiable above-the-surface" cost of a breach in the healthcare industry, the "beneath-the-surface" costs could amount to an additional $305mm in:

  • Lost contract revenue
  • Lost value of customer relationships
  • Devaluation of trade name + D&O reputations
  • ​Increased cost to raise capital
  • ​Insurance premium increases
  • ​Operational disruption

This does not include potential additional loss of intellectual property.

Is the Executive
Cybersecurity 
Blueprint™ 
right for you?

Fill out our short questionnaire to see if you are ready to get your Board & C-Suite cyber-ready with the Executive Cybersecurity Blueprint™
“This is the only protocol in the market that
teaches Boards, 
C-Suites, and 
Investors 
how to 
think 
about their own and their organizations’ cybersecurity holistically and execute on it 360º.
The information was excellent.”

Jonathan H.
Chairman · healthcare information provider

You have a 37.5% probability of being breached in the next 2 years

This means you have a 37.5% chance of incurring an average $9.9mm average cost of breach in the next two years, or 18.75% in the next 12 months. 

2023 Probability-Adjusted Cost of Breach ($mm)

"A conservative Board ought to require a contingency reserve for this $1.8mm contingent liability while a less-conservative one ought to at least mandate financial statement disclosure, either mitigated only by implementation of a proper breach prevention protocol from the Board down."

Former Investment Banker, UBS Investment Bank
Finance MBA (Wharton), Economics AB (University of Chicago)

You have a 100% probability-adjusted chance of experiencing a $1.8mm hit to your Profit & Loss in the next 12 months from a breach ($2.1mm for healthcare) 

With a $9.9mm average cost of breach, 18.75% probability of incurring that cost in the next 12 months, you therefore have a 100% probability-adjusted chance of incurring a $1.8mm hit to your profit over the next year. This excludes hidden, "beneath-the-surface" costs like operational disruption, customer and revenue loss, insurance premium increases, reputational and psychological damage, and loss of IP. 

Up to 97% of breaches are caused by cyber(in)secure behaviors.

Cause of Cyber Breaches

Root of the Problem

Cultures of
Cyber(in)secure Behavior
&
CEOs, Boards, & C-Suites
that Allow/Enable Them

Up to 97% of cyber breaches are therefore caused by cultures of cyber(in)secure behavior that are within the CEO, Board & C-Suite's power to correct with a proper breach prevention protocol yielding a breach-deterrent culture of cybersecurity

Your Board and C-Suite will find the Executive Cybersecurity Blueprint™ indispensable. 

Gain insights that have never been available before and transform your own ability to protect your people, assets, and ROI.

ABOUT US

Cyber Nation Central® is a premier global cybersecurity insights, protocol, and advisory firm dedicated to helping members cultivate cybersecure-by-design Boards and C-Suites, empowering them to authentically create and lead cultures of cybersecurity in their organizations.

Our mission is to help elevate the security posture of critical infrastructure organizations, ultimately leading to more secure renditions of our physical nations. With a focus on breach prevention, we strive to bridge the gap between digital and physical sovereignty to ensure the protection of our nations' people and vital assets.

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CONTACT US

 Cyber Nation Central®
450 Lexington Avenue, #2166
New York, NY 10163
United States of America
 Enquiry@CyberNationCentral.com
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