Ouch. The good news is that there are some reasonably straightforward actions you can take to reduce the risk to your own organisation…:
The cyber threat is producing some alarming statistics. A report by Aon found that annual global cyber losses are expected to reach $6 trillion by 2021, with cybersecurity spending set to exceed $1 trillion cumulative in the five years leading up to 2021.
The report released on Tuesday stated that organisations were starting to see the significant financial impact of non-compliance with data privacy and the General Data Protection Regulation (GDPR).