World Business Report Is cybercrime the biggest threat to global business in 2025?
Oct 2, 2025
Cybercrime is wreaking havoc on global business, with rising costs exemplified by the recent attack on Asahi Breweries. The discussion dives into Japan's cybersecurity vulnerabilities and the ripple effects of UK corporate incidents, impacting jobs and supply chains. Insights on the US government shutdown reveal potential economic fallout and investor reactions. Meanwhile, the leadership race in Japan emphasizes economic reform and public debt, highlighting candidates' strategies as they vie for influence in a pivotal political climate.
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High-Profile Breaches Amplify Global Costs
- High-profile breaches create outsized business and reputational damage worldwide.
- Global estimates project cybercrime costs could reach about $10.5 trillion in 2025.
Supplier Hit Hard By JLR Shutdown
- Michael Bees described a month-long production halt after the JLR cyber attack that forced layoffs and cash-flow stress.
- He said insurance and bank options were inadequate, leaving suppliers exposed despite government support for JLR.
Assume You're A Target; Build Resiliency
- Do assume you will be targeted and build resiliency, not rely on complacency.
- Test controls, run constant threat-hunting, and plan operational contingencies and redundancies.