Many companies are unknowingly vulnerable to data leakage,phishing attacks, trojans or advance persistent threats, accordingto a new report from Lloyd's and technology company HP.

Digital risk management must be a board-level concern forbusiness as the range, frequency and scale of cyber attacksincreases, said the report, “Managing digital risks: trends, issues and implications forbusiness.”

The report warns that asbusinesses become more reliant on technology, they will face morecomplex and damaging digital attacks as sophisticated attackersquickly adapt their methods to steal from, disrupt and spy onbusinesses.

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