The Menace of Cyber Attacks

Low-cost, high-impact cyber-attacks transcend national borders. Cyber risk is a critical concern for both the economy and political life

Not a week seems to go by without yet another newspaper report of a cyber-attack on a business or public service. Cyber-attacks have become more common and a real menace for many organisations primarily because of the disruption and the financial costs incurred. The cost of preventing such attacks is also significant. One industry estimate has forecast …