While it may seem like more cyber breach attacks are being reported than ever before, the number of breach events in the United States has been declining over the last three years, an RMS expert said during a recent conference.
“Overall, we’re actually seeing a slight tailing off in the overall number of events,” Andrew Coburn, an RMS senior vice president, told risk professionals gathered at the RMS Cyber Risk Seminar in May, referring specifically to trends in data exfiltration—one of five types of IT risk RMS models in its Cyber Accumulation Modeling System. (The others are cyber extortion, cloud compromise, mass denial of service attacks and financial theft.)