Keeping the crown jewels safe

Cyber security is fast becoming a top priority for organisations worldwide, but many companies still lack a concrete plan of action.

Published Thu, Oct 2, 2014 · 09:50 PM
Share this article.

WHETHER it's procuring raw materials, balancing the books or managing customers, doing business online has become the default mode of operation for companies around the world.

As a result, minimising the risk of disruption to an organisation's digital systems has become a key priority for senior management across all industries and sectors. Indeed, cyber risk is increasingly being seen as a something that is not just the responsibility of the IT team. Instead, the issue should be integrated into any business discussion or decision, experts said.

"Organisations should make it mandatory to consider the risks and impact of the cyber world and how they can be managed effectively and efficiently in relation to each business decision," said Vincent Loy, cyber security & financial crime leader, PwC Singapore. "This should be driven by the executive management of the business and the risk department with input from IT."

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to

Companies & Markets


Get the latest coverage and full access to all BT premium content.


Browse corporate subscription here