Cybersecurity: Boards still happy to pass the buck to the IT department

Cyber criminal threats are massively rising but businesses aren’t adequately prepared for — or in some cases even understanding — the risks they face, a new report by PwC has warned.

The multinational professional services firm has published its findings in its Global Economic Crime Survey 2016, which cites cyber crime as the fastest growing type of economic crime, with only asset misappropriation more common. A total of 32 percent of organisations revealed that they’ve been affected by cybercrime.

If that figure seems low, the report suggests that this is because respondents may not even know that their organisation has suffered a data breach or any other sort of attack by hackers. For the full article click here 

from cyber security caucus http://ift.tt/1TAUBeP
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