When more than a third of European businesses admit to being breached by a cyberattack, it comes with no surprise cybersecurity tops annual business risk league tables.
What’s more, global accountancy firm RSM International, says that 80% of European view digital transformation as a strategic priority for their growth, with 29% of businesses seeing their revenue grow as a result of digital investments, cloud technology being their biggest area of focus. This means the need to invest in cyber protection is only going to increase.
The current picture is, however, concerning. Only 34% of businesses have adopted a cybersecurity strategy which they believe will protect them in case of future attacks, while 21% have no strategy at all, according to the RSM survey.
New technology, new risks
Accountancy, like pretty much every other sector, is seeing extensive digital transformation, particularly with the arrival of cloud technology and AI in the profession, making it vulnerable to cyberattacks. Yet, many forget with digital…
