Singapore, 25 September 2013 - PwC has signed the World Economic Forum’s (WEF) Partnering for Cyber Resilience (PCR) commitment . In supporting this initiative the PwC network joins other leading global organisations, across the financial services, telecommunications and retail and consumer sectors.
The PCR is designed to promote a coordinated approach to managing the risks and opportunities that face the global networked economy by securing the commitment of participants in the PCR to a set of common shared principles for the management of cyber risk.
Tan Shong Ye, Head of Singapore IT risk and cyber security practice, commented:
“We are fully supportive of this initiative. In the hyperconnected digital age, cyber risk and resilience is a fundamental issue facing the global economy. The PCR helps to elevate the cyber issue to board level, which is where it should be discussed. Cyber threats do not respect national borders and we believe that the WEF along with the PwC network’s cyber security practice of over 1,500 cyber security professionals worldwide has an important role to play to drive improvements in global practice.”