Tag: business

Employees have “low cyber IQ” despite high corporate confidence

June 15, 2017

Employees on both sides of the Atlantic lack a basic understanding in cybersecurity, in stark contrast with businesses’ high confidence in their cybersecurity capabilities. That is the main finding of a new survey conducted by Willis Towers Watson, which found that 63% of UK businesses believe their systems to be highly protected with the necessary … More Employees have “low cyber IQ” despite high corporate confidence

$8 trillion ‘to be lost to cybercrime in next 5 years’

June 1, 2017

Businesses are set lose $8 trillion to cybercrime over the course of the next five years, according to a new report. Juniper Research found that enterprises around the world are more at risk due to even greater levels of internet connectivity, as well as “inadequate enterprise wide security”. The paper, titled The Future of Cybercrime … More $8 trillion ‘to be lost to cybercrime in next 5 years’

ICO urges businesses to focus on becoming GDPR compliant

May 26, 2017

The UK’s information commissioner Elizabeth Denham has urged businesses to be incentivized by the benefits of GDPR data security compliance, rather than the possible consequences. In a video addressing boardrooms across the country, Denham stated that businesses should not waste any time in preparing for “the biggest change to data protection law for a generation”. As … More ICO urges businesses to focus on becoming GDPR compliant

The WannaCry attack: takeaways for C-level executives

May 23, 2017

What does the WannaCry attack mean from the point of view of the organizations’ overall risk? In principle, ransomware is far from new. However, this attack has shown that the scale of a ransomware attack can be really massive. Using new attack vectors, the crooks behind the attack managed to deliver the malicious payload to … More The WannaCry attack: takeaways for C-level executives

IDC: 1 in 4 companies have no clue GDPR is coming their way

May 11, 2017

New consent rules, broadened European privacy rights, fines going up to millions of euros, as well as stricter procedures and public disclosure in cases of a data breach – these are just some of the changes that will come into force as part of the General Data Protection Regulation (GDPR) in May 2018. Despite the … More IDC: 1 in 4 companies have no clue GDPR is coming their way