The pace of technology growth we have experienced in even the last decade has been staggering. This has created a whole host of new opportunities and improvements to our home and work lives - but has also raised some new threats which didn't exist or weren't as prevalent in the past. Did you think 20 years ago you were going to have your computer data held to ransom by an unknown attacker?
Understanding your cyber risk profile in this new digital era is something which can be very costly - financially, operationally, and reputationally - if left to its own devices. Taking control of this risk means understanding it and setting your risk appetite - which risks can you live with, and which can't you?
"Cyber security continues to be a top worry for boards and business owners. Facing up to the risk and putting appropriate, proportionate defences in place is a must for businesses of all shapes and sizes."
Our Cyber Risk & Response team can support you by:
This year’s survey findings are based on responses of more than 9,500 senior business and technology executives from 122 countries.
The report finds that while massive cybersecurity breaches have become almost commonplace, many organisations worldwide still struggle to comprehend and manage emerging cyber risks in an increasingly complex digital society. The report puts forward some key steps business leaders can take to get prepared.
Key findings include:
Director, PwC Isle of Man
Tel: +44 (0) 1624 689711