The Atlantic Council, in collaboration with Zurich Insurance Group and the Pardee Center for International Futures, released a report today that examines the economic impact of cyber costs versus the benefits of interconnectivity under an array of complex scenarios. Written by Jason Healey of the Atlantic Council and Barry B. Hughes of the University of Denver, the report titled, Risk Nexus: Overcome By Cyber Risks?
, uses economic modeling tools to gain an understanding of just how cyber costs and benefits affect national GDP over time – and what businesses and policymakers can do. The report is the second of the collaboration and follows their 2014 report Beyond Data Breaches: Global Aggregations of Cyber Risk,
which explored the cascading and systemic cyber shocks, similar to the financial crisis of 2008.