Pictet's Dupraz: "New infrastructure investments will supercharge the demand for security products"

clock • 2 min read

Partner Insight: Cyber-crime is on the rise, with estimated annual losses for companies now topping $400bn (£291bn), according to the Centre for Strategic and International Studies.

Scroll Down to learn about some of the megatrends which are determining our futures and review the long-term investment opportunities of these trends. The average cost of a cyber breach was $349,000 in 2017, according to NetDiligence, whose data is based on actual cyber insurance claims. For a big company the average cost was $5.9m. Two of the most notable cyber-attacks of 2017, were on the NHS and global professional services company Deloitte. In relation to the former, the WannaCry Ransomware most notably prevented workers from accessing their computers and delaying medical procedur...

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