Tom Turner, BitSight
by Stuart Wilson, Tuesday 22 May 2018
Tom Turner, CEO and president, BitSight
Tom Turner, CEO and President, BitSight, delves into the risk and likelihood of cyber-attacks and the factors behind it.
Mind the ‘cyber risk gap’
“As the number of digital transactions dramatically increases, so does the risk and likelihood of cyber-attack. This means that organisations handling large amounts of sensitive data are more likely to become targets of hackers who are looking to exploit this information which is stored within corporate networks. As a result, businesses find themselves increasingly exposed to what is referred to as a ‘cyber risk gap’ caused by a combination of factors which I have outlined below.
1. Today you are a target of opportunity and a target of choice – it just depends on the day
There are countless ways for threat actors and hackers to penetrate corporate IT systems, with the potential to cause considerable damage to businesses located anywhere in the world. Malicious attacks, such as ransomware, were prolific throughout 2017, one of the most notable being WannaCry….