Corporate Cybercrime Continues to Impact Global Business



[caption id="attachment_1261" align="alignleft" width="180" caption="Corporate Cybercrime"]Corporate Cybercrime[/caption]



High profile corporate cybercrime is putting information security on boardroom agendas around the world, a global survey revealed on Wednesday.



The need for increased measures to protect against corporate espionage and network hacking, the accidental or deliberate leaking of corporate data, and the loss or theft of company laptops, has never been so high, company bosses told the British Standards Institution (BSI), the leading business service for the development of standards, in a survey.



According to the research, which analyses responses from 645 businesses, risk of corporate data leaks is a key concern. Two thirds (64%) of the surveyed businesses that have implemented ISO 27001 (an information security management system) cited this as the most important driving force behind adopting the information security standard.



In addition to risk, the BSI research also shows that 72% of businesses are worried about the financial damage of cybercrime.



BSI commissioned Erasmus University, the Dutch university that houses one of Europe’s top business schools, Rotterdam School of Management, to survey over 645 businesses in Asia, America, Europe and Australia.



Notably, 78% of organizations surveyed that have achieved ISO 27001 certification have implemented the standard from the senior management team down, with the board fully endorsing its adoption and adhering to its requirements.



This suggests that fears around data security breaches are a real boardroom concern. For the full story click here: Corporate cybercrime tops boardroom agenda according to research



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Stu Sjouwerman



KnowBe4



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