Cyberattack doesn’t just impact the organisations that get hacked, there are serious repercussions for the global economy too, and can cause billions of dollars in damage. The threat is even greater for heavily regulated industries such as financial services (FS) & for regulated industries such as health care and financial services. Here are some stats that reveal the scale of the problem.
A common misconception regarding IT GRC is that IT threats are only problems for governments and Fortune 500 companies; however, all businesses, regardless of size need to ensure adequate IT risk management strategies are in place. The rise of cloud networking, remote working, and digital collaboration have made companies more vulnerable than ever.