More than half of US organisations ‘vulnerable to IT failure’
New research underlines cyber risks to central banks following CrowdStrike IT outage
As the world recovers from one of the biggest IT failures in history, new research highlights the scale of cyber vulnerabilities in the US.
A working paper by the US National Bureau of Economic Research (NBER) looked at more than 150,000 medium and large US organisations. It found that more than half had “severe security vulnerabilities” because of failures to update key software.
The paper states that a huge number of organisations are exposed to cyber risk. Its findings suggest that the risk is
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