As disruptive innovations and new business models transform organisations and communities around the world, their sustainability is threatened by a plethora of cyber risks.
We are already witness to WannaCry – one of the largest ransomware-attacks in recent times that has impacted public and private enterprises across the world.
Indeed, criminals and nation states are increasingly attacking the technology assets of individuals, organisations and governments, stealing and selling valuable information, and in an alarming trend, paralysing critical infrastructure.
With organizations increasingly leveraging the internet for mission-critical applications, cyber security continues to remain an urgent imperative in an increasingly digital world.
Unfortunately, India Inc’s response to cyber risks has not been robust. India ranks third globally as a source of malicious activities and its enterprises are the sixth most targeted by cybercriminals. Cyber resilience, therefore, remains a critical boardroom imperative. The key challenge, however, for Indian companies is that most of them still view cyber security as an “IT issue.”
via Cyber attacks are the new reality, the only question is ‘when’