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Home » economic damages

Articles Tagged with ''economic damages''

supply-chain-freepik

Global supply chain disruptions cost companies $184 million annually

June 25, 2021

Nearly all (94%) of security and business decision-makers in the Interos Global Supply Chain Report study reported some negative impact to revenue resulting from supply chain disruption, which they attributed to a variety of supply chain risks including cyber breaches, financial risks, and ESG (environment, social, governance) transparency issues.


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wildfire

More than $103 billion in economic losses due to natural disasters in 2019

August 5, 2020
In 2019, 396 natural disasters were recorded in EM-DAT with 11,755 deaths, 95 million people affected and $103 billion in economic losses across the world, according to Natural Disasters 2019, a new report by the Centre for Research on the Epidemiology of Disasters, The Université Catholique de Louvain  and the U.S. Agency for International Development (USAID). 
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flooding

U.S. high-tide flooding continues to increase

July 21, 2020
Coastal communities across the U.S. continued to see record-setting high-tide flooding last year, forcing their residents and visitors to deal with flooded shorelines, streets and basements — a trend that is expected to continue into 2021. The elevated water levels affected coastal economies, tourism and crucial infrastructure like waste and stormwater systems, according to a new NOAA report.
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hurricane-enews

About 2.4 million businesses are in areas most vulnerable to hurricanes

July 17, 2020
As the 2020 hurricane season gets underway, emergency officials pay attention to the growing share (29 percent) of the U.S. population in the nation’s 255 coastline counties, says a US Census Bureau report. 
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coronavirus

25% of Americans Concerned About a Secure Retirement After the COVID-19 Pandemic

May 20, 2020
A quarter of workers currently employed or recently unemployed say their confidence in their ability to retire comfortably has declined in light of the coronavirus pandemic, according to a study by the Transamerica Center for Retirement Studies.
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SEC1218-career-Feat-slide1_900px

Nearly 10 Million People Filed for Unemployment in the US: What Does It Mean for the Cybersecurity and IT Workforce?

April 3, 2020
The number of new people claiming unemployment benefits totaled a staggering 6.648 million last week — doubling the record set a week earlier, the Department of Labor said recently. How is the coronavirus pandemic affecting the cybersecurity community and IT staffers?
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natural disaster

Natural Catastrophes Account for $40 Billion in Economic Losses in First Half of 2019

August 16, 2019

Global economic losses from natural catastrophes and man-made disasters in the first half of 2019 amounted to $44 billion, according to Swiss Re Institute's preliminary sigma estimates.


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False Alarm on Commerce Dept Cyber Attack Costs Almost $3 Million

July 15, 2013

Equipment was destroyed, consultants hired, and Internet communication blocked for months -- all because of a common malware virus on six computers. 


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Hurricane Sandy: Potentially Up to $10 Billion in Insured Losses

October 29, 2012

Catastrophe risk modeling firm EQECAT Inc. estimates $5 billion to $10 billion in insured losses and $10 billion to $20 billion in total economic damages from Hurricane Sandy.


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