“`html
Zscaler, Inc. announced findings from a report revealing that the adoption of zero trust security frameworks could prevent up to 31% of cyber incidents, reducing global economic losses by approximately $465 billion annually. This analysis utilized data from the Marsh McLennan Cyber Risk Intelligence Center and emphasizes the increasing relevance of zero trust, particularly as ransomware attacks see a notable rise.
The report highlighted that North America experienced nearly four times the cyber incidents as Europe, with 31% of North American attacks considered preventable by zero trust methods compared to 41% in Europe. Notably, organizations with revenue exceeding $1 billion could benefit the most, as they faced a higher proportion of preventable cyber events.
Scott Stransky, Managing Director at Marsh McLennan, underscored the critical value of implementing zero trust, noting its role in enhancing cyber hygiene and its potential to significantly decrease insured cyber losses. Zscaler also offers its Risk360 service to help organizations quantify and manage their cyber risks effectively.
“`
