Cybersecurity resilience must become a priority for business leaders

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A new report shows what cybersecurity worries are concerning business leaders the most.

Cybersecurity breaches flooded the headlines in 2017, with enterprises of all shapes and sizes falling victim to various nefarious entities and individuals out to exploit poor security infrastructure.

Although major security breaches have become almost commonplace, many organisations are still struggling to manage emerging cybersecurity risks in a society in the midst of digital transformation.

Today (4 January), PwC launched its 2018 Global State of Information Security Survey (GSISS), based on responses from more than 9,500 senior business and technology executives from 122 countries around the globe, including Ireland.

40pc of survey respondents said that disruption of operations is the biggest consequence of a cyberattack, while 39pc cited the compromise of sensitive data, 32pc said harm to product quality and 22pc said harm to human life.

Better strategies are needed

Despite the awareness of the risks, companies are simply not prepared to…

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