All-businesses-victims-of-cyber-attacks1

All businesses victims of cyber-attacks

Author: Julie Bamford, James Kirk (yBC.tv)

Categories: Business risk, Business Strategy, Communications, Digital Economy, Fraud & Corruption, Governance
Tags: board agenda, business policy, business risk, cyber risk, digital, digital risk, governance, government, icsa, icsa global, information security, internet security, julie bamford, policy, profit, risk, uk government
Cyber risk has become hugely topical now really because governments are starting to understand the importance of it. Someone said to me recently there are only two types of companies, those who know that they’ve had a cyber attack and those that don’t. But everybody’s had them in some form or other. It has become a very important to governments, including the UK government and it really needs to now come onto the agenda of boards. Boards need to be looking at it but it’s not just an IT issue. People have thought about it as an IT issue having a cyber attack. But it’s much more complex now and the old idea of corporate espionage, for want of a better term has moved into this space. Companies are very much at risk now of having their information stolen effectively, and that can be corporate secrets of any kind. So the risks are much higher than they ever were, and it’s not just corporates, we see it in other areas such as the forces, the concerns are growing there. But it’s certainly raising … the profiling of this is growing. It’s becoming more and more important and government is certainly concerned that this is where everybody’s at risk.
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