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The increasing use of and dependence on information technology in business activities – while creating significant benefits in terms of productivity and efficiency – is also leading to significant risks. Among them are “digital security risks” which, when they materialise, can disrupt the achievement of business by compromising the confidentiality, integrity and availability of information and information systems. It is widely assumed that most companies have been or will be affected by such “cyber” attacks. Businesses across a wide range of industry sectors are exposed to potentially enormous physical losses as well as liabilities and costs as a result of cyber-attacks and data breaches.
Victims of recent attacks include such well-known brands as eBay, Target, Neiman Marcus, Michaels Stores, the University of Maryland, NATO, JPMorgan Chase, Adobe, and Living Social.
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