A cyber security roadmap

Many of our banks and capital market participants have cyber risk management plans at an institutional level. What is needed is an industry standard

Emerging technologies and waves of digitisation have brought in their wake new challenges and exposed organisations to new risks. It is estimated that cyber attacks cost companies an estimated $500 billion in damages every year. Today, cyber risk is a top agenda item at the board level. With the cyber risk landscape changing fast and attacks becoming more frequent, severe and systemic, the primary concern facing organisations is that security breaches to technology and physical infrastructure could lead to data loss, financial losses, regulatory sanctions, reputational damage, operational disturbances, among other things. Increasing global interconnectedness and the complexity of systems