Cyberspace presents an incredible amount of opportunity for today’s organisations. Connectivity, innovation, productivity and collaboration are just some of the benefits on offer. However, cyberspace presents equally significant risks. Those risks can have huge impact and visibility; it seems that a week cannot go by without another cyber incident being splashed across internet feeds, newspapers and websites. This visibility means that cyber risks have the attention of the executive management of every organisation.
Cyber risks include targeted attacks, advanced persistent threats, data loss, denial-of-service attacks, hackitivism, negligent and malicious insiders, reputational damage, cyber espionage and nation state threats. In 2011, Symantec blocked over 5.5 billion malware attacks, an 81% increase over the previous year, witnessed a 36% increased in web based attacks and an increased focus and intensity of advanced persistent...