Effective Monday, March 16, 2020 and until further notice, Econsult Solutions is having staff members work from home. This form of “social distancing” has been implemented with the safety of our staff and the community at large in mind. We have instituted all necessary remote-working features and remain open for business, hard at work on current engagements and eager to hear how we can support your needs.
These are extraordinary times. The global pandemic has reached every aspect of every life in every corner of the world. More than ever, ESI stands ready to apply economics, strategy, and insight to help you move forward. Be on the lookout for additional content on our blog, Present Value. Together we will emerge stronger and wiser.
By 2021, cybercrime is likely to cost the world $6 trillion annually according to Cybersecurity Ventures—more than the combined GDP of the UK and France. As companies embrace the latest digital solutions and respond to rising regulations, cybersecurity has become a top management priority across industries and markets.
But cybersecurity is a moving target: as companies embrace new technologies, so do hackers. The reluctance of firms to share cybersecurity information makes benchmarking and planning more challenging.
To fill this gap, ESI ThoughtLab joined with WSJ Pro Cybersecurity and a group of prominent organizations to launch The Cybersecurity Imperative, a thought leadership program drawing on rigorous global research and analysis. As part of this program, we surveyed 1,300 organizations across industries and countries, conducted advisory meetings and interviews with leading experts and practitioners, and developed analytical tools to benchmark approaches and assess performance impacts.