Cybersecurity for CIO

Sourced from International IDEA Despite the technological innovation taking place, companies would do well to remain focused on ensuring their IT fundamentals are in place before rushing to capitalise on the latest trends. And nowhere is this more critical than when it comes to cybersecurity. Expectations are that the impact of global cybercrime will cost businesses more than $6 trillion by the end of next year, up from $3 trillion in 2015. It, therefore, remains one of the most significant challenges as digital transformation continues to grow in momentum, and the cloud has become part of standard business operations. Fortunately, companies are taking the protection of their data and networks seriously. Worldwide spending on information security solutions is anticipated to grow at a five-...