Today, you would be hard pressed to find an organisation that does not use IT systems and the internet to conduct its business. While technology offers great benefits, it also brings risk. As technology becomes ever more complex, the scope and scale of cyber-risks is increasing at an unprecedented rate. Because responsibility to manage cyber-risks rests with each organisation, it needs to be high on each board’s agenda. It’s clear that this is no longer just an issue for the IT department.
Governments around the world are trying to educate businesses about the risk of cyber-crime, while at the same time equipping law enforcement authorities with the tools to prosecute offenders. The EU in particular is seeking to take a lead in efforts to raise the bar in cyber-crime prevention and enforcement and the UK has identified cyber-crime as a ‘Tier 1’ threat to national security alongside terrorism.
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