Cyber security

Finding out that customer data has been hacked, exfiltrated and is being held to ransom by an unknown threat actor is a nightmare come true for any company.  Unfortunately, it is a nightmare that all companies and financial institutions must plan for as cybercriminals become more sophisticated and more active, with ransomware attacks no longer being an unexpected or unforeseeable event.  Indeed, those in regulated sectors are often required to ensure adequate security controls to detect and prevent cyber attacks.  Company directors are also under pressure to demonstrate how they are leading their organisations while responsibly managing data, preventing attacks and dealing with them appropriately when they arise.