Safeguarding businesses from digital threats
Add BT as a preferred sourceTHE rise of the digital age has not only opened up opportunities for businesses, it also has - with the aid of the technology that comes with it - revolutionised the way companies interact and conduct business with customers, suppliers as well as internal stakeholders.
On the flip side, this shift from a traditional society to a knowledge-based one surrounded by a high-tech global economy can bring about problems. The most pressing one? Cyber threat.
According to a PwC survey report titled The Global State of Information Security 2015, the number of cyber-attacks detected has been increasing 66 per cent year-on-year since 2009. The costs of responding and losses have also surged. The number of respondents reporting losses of US$20 million or more in 2014 almost doubled over the previous year.
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