Many companies are unknowingly vulnerable to data leakage, phishing attacks, trojans or advance persistent threats, according to a new report from Lloyd's and technology company HP.
Digital risk management must be a board-level concern for business as the range, frequency and scale of cyber attacks increases, said the report, “Managing digital risks: trends, issues and implications for business.”
The report warns that as businesses become more reliant on technology, they will face more complex and damaging digital attacks as sophisticated attackers quickly adapt their methods to steal from, disrupt and spy on businesses.
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