As internet use has increased, the tools
to manage cyber security and to
protect against deliberate attacks and
accidental loss of data have become
widely available – and affordable. Those
at risk have boosted spending on cyber
security and introduced policies and
procedures, but these must be regularly
reviewed to ensure their effectiveness
against new threats. A recent ACCA and
IMA member survey found 60% of
respondents taking some measures
against cyber attacks: large
organisations such as the Big Financials
and the Big Four were more likely to
take steps to mitigate cyber-crime risks,
and initiatives appear to be prompted
by a feeling that risks are becoming
more plentiful, threatening and costly