Zero Trust Security Reduces Cyber Insurance Claims, Preventing up to $465B Annually in Global Economic Loss from Cyber Attacks

Zscaler, Inc. published a special report examining the number of cyber incident insurance claims that potentially could have been avoided if the victim organization had deployed a zero-trust architecture. Using the Marsh McLennan Cyber Risk Intelligence Center’s proprietary cyber losses dataset from the past eight years, which collates cyber incidents from past claims, researchers estimated that overall cyber losses could have been potentially reduced by up to 31% had the organizations widely deployed zero-trust security. This adds up to a projected reduction of up to $465 billion in global annual total economic losses.

The analysis showed that North America experienced significantly more cyber incidents than the rest of the world during the past eight-year period, experiencing almost four times the amount of European cyber incidents. However, of the total incidents encompassed by the study, the percentage of attacks that potentially could have been mitigated by zero trust was greater ...