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Category: Information Security
We live in an expanding digital universe. Each year zettabytes of data are added to global information asset holdings according to recent analysis by IDC, expanding the potential attack surface for highly organised cyber criminals.
The digital universe increases in complexity continually, requiring cyber security practitioners to address a fundamental problem; how do we ensure this deluge of data is protected to the highest standards in the age of the mega-hack? The proliferation of data breaches during the last decade, including the 2017 Equifax breach which saw 144 million financial records extricated by highly motivated cyber criminals, highlights the limits of defensive cyber security.
Over time, unenforced regulations simply get ignored and become useless. It is likely that things won’t change until the regulators make them change, and they will have to go sooner or later through a harder enforcement line.
Cyber security is becoming a matter of good corporate governance, good ethics, and quite simply – good business.
As every enterprise is becoming more and more data-driven, it is key for the Board to realize that cyber security is becoming a central tenet both of its core business and of its social impact and governance strategies.