Business needs are constantly changing – what was a priority last year might not be this year, as C-level executives adapt the company’s direction to drive performance
One element, however, that should be a major focus in today’s digital world is cybersecurity. This is an area that can often be overlooked due to a lack of understanding of the risks that businesses are facing.
In 2021, UK businesses spent almost £1 billion on cybersecurity. However, with cyberattacks costing UK businesses around £34 billion every year, it’s clear there’s a long way to go to even this out. More investment – both in time and money – needs to be made in cybersecurity to keep businesses secure, and this decision can only be made in the boardroom.
Counting the cost
Even with all of the cyber attacks that we’ve seen in recent years, many C-suites still think of attacks as a ‘what if’ scenario – one that impacts other companies but not theirs. Unfortunately this just isn’t the case anymore and senior teams that don’t take cyber risks seriously will find it challenging to combat them effectively.
Cyber attacks are not only more frequent than many businesses realise, but…
