Affording information security
Security budgets have risen, raising concerns about affordability, but the cost of data breach can be huge.
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ONE of the hot issues in play today is cyber security, especially the rising threats and costs.
Although the two terms are used interchangeably, cyber security is actually a subset of information security. The former has taken on focus and interest because of high profile attacks. However, information security - which is about the protection of information and information systems, including those in the cyber realm - is still an important and vulnerable target.
According to PwC's Global State of Information Security Survey 2016, information security threats have intensified over the last year with 38 per cent more security incidents in 2015 than the previous year. The survey also shows that average information security budgets have gone up 24 per cent in response.
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