The phrase "cyber event" is a correct and commonly used term in written English.
It refers to any event or incident that occurs in the digital or online space, often involving hacking, data breaches, or other technology-related issues. An example of the usage of "cyber event" in a sentence could be: "The company's security team was working diligently to prevent any potential cyber events that could jeopardize their sensitive data."
Trying to estimate the maximum cost of a devastating cyber event before one actually happens.
"I worry that we're going to have some sort of major cyber event in the financial system that's going to cause us all to shudder, an Armageddon-type cyber event," Lawsky said at the Bloomberg Link Most Influential Summit.
After a year of prominent hackings of millions of US credit and debit cards, one of the top regulators regulators of the American financial system has said that the prospect of an "Armageddon-type cyber event" is one of the most significant issues he plans to address in the next year.
We will also discuss insurance options to mitigate risks related to a cyber event.
"I think we could very easily suffer a seriously catastrophic cyber event".
The world will continue to become digitized which increases the potential for a successful cyber event to deliver greater consequences.
On the other, recent cyber events have put a question mark over the final scoreline of the cold war.
The US-CCU is a nonprofit research institute that focuses on analyzing cyber events and advising the U.S. government.
Just like some of the worst natural catastrophes, cyber events can cause a severe impact on businesses and economies, trigger multiple claims and dramatically increase insurers' claims costs.
A yearlong investigation announced by the Senate Armed Services Committee identified at least 20 break-ins or other unspecified cyber events targeting companies, including nine successful break-ins of contractor networks.
The virus "demonstrates several weaknesses in our government's ability to detect and respond to fast-moving cyber events in a coordinated and efficient manner," said Sen. Robert Bennett, R-Utah, chairman of the Senate Banking subcommittee on financial institutions.
