https://www.iotworldtoday.com/wp-content/themes/ioti_child/assets/images/logo/footer-logo.png
  • Home
  • News
    • Back
    • IoT World 2020 News
  • Strategy
  • Special Reports
  • Galleries
  • Business Resources
    • Back
    • Webinars
    • White Papers
    • Industry Perspectives
    • Featured Vendors
  • Other Content
    • Back
    • IoT World 2020 News
    • Q&As
    • Case Studies
    • Features
    • How-to
    • Opinion
    • Video / Podcasts
  • More
    • Back
    • About Us
    • Contact
    • Advertise
    • Strategic Partners
  • IOT World Events
    • Back
    • Internet of Things World: San Jose
    • IoT World 2020 News
Iot World Today
  • NEWSLETTER
  • Home
  • News
    • Back
    • IoT World 2020 News
  • Strategy
  • Special Reports
  • Galleries
  • Business Resources
    • Back
    • Webinars
    • White Papers
    • Industry Perspectives
    • Featured Vendors
  • Other Content
    • Back
    • IoT World 2020 News
    • Q&As
    • Case Studies
    • Features
    • How-to
    • Opinion
    • Video / Podcasts
  • More
    • Back
    • About Us
    • Contact
    • Advertise
    • Strategic Partners
  • IOT World Events
    • Back
    • Internet of Things World: San Jose
    • IoT World 2020 News
  • newsletter
  • IIoT
  • Cities
  • Energy
  • Homes/Buildings
  • Transportation/Logistics
  • Connected Health Care
  • Retail
  • AI
  • Architecture
  • Engineering/Development
  • Security
ioti.com

Security


Cyberattaack

Threat of Cyber Attack Is Biggest Fear for Businesses

The threat of cyber attacks and political instability resulting from rising populism are among the biggest worries for businesses around the world, according to a study of companies in 79 countries.
  • Written by Bloomberg News
  • 22nd February 2017

The threat of cyber attacks and political instability resulting from rising populism are among the biggest worries for businesses around the world, according to a study of companies in 79 countries.

The number one issue for executives working in business continuity and resilience is the threat from hackers, with 88 percent of companies included in the survey saying they are “extremely concerned” or “concerned” at the risk.

For the first time, political upheaval ranked among the top 10 threats, following the U.K.’s vote to leave the European Union and the election of Donald Trump in the U.S., according to the report by the Business Continuity Institute and the British Standards Institution.

“Cyber-attacks and data breaches continue to cost organizations billions of dollars annually, a sum that is only likely to go up with the increasing integration of new pieces of technology into daily operations,” BCI Executive Director David Thorp said in the foreword to the report. “Politics too has been a dominant topic this year, certainly more than in the recent past.”

The study comes as governments and businesses seek to strengthen resilience to cyber attacks. Companies on both sides of the Atlantic are also grappling with political uncertainty over changes to commerce policies, from taxes to trade tariffs, being planned in the U.S. and the U.K.

The study is based on responses from 726 organizations in sectors including financial and insurance services, retail and defense. Companies ranged from small businesses, with fewer than 250 staff, to corporations with more than 100,000 employees and annual turnover of more than 50 billion euros, the report’s authors said.

After cyber attacks, the threat of a data breach ranked second among global business fears, while an unplanned IT and telecom outage was third. For the first time in the study’s six-year history, uncertainty related to “new laws and regulations” — arising from political change — entered the list of top 10 business continuity concerns.

Tags: Article Security Technologies

Related


  • IoT security
    IoT Device Security: Risk Assessment, Hygiene Are Key
    As devices and data proliferate at the edge of the network, IT pros have encountered new challenges in securing enterprise IT systems.
  • Five Principles in a Zero-Trust Security Approach to IoT
    IoT devices have created vulnerability for IT networks, but a zero-trust security approach can lock down attack vectors. Here are five key principles.
  • Tactics for Successfully Selling IoT Technologies
    While this year has proven the value of digitization, many enterprises need persuasion. Experts discuss strategies for successfully selling IoT.
  • LynxSecure Datasheet
    LynxSecure is a tiny separation kernel that can be programmed to partition a modern processor into secure virtual environments. It is not RTOS. It is not a traditional hypervisor. It is smaller than a microkernel (as small as 15Kb). LynxSecure requires and leverages the hardware virtualization capabilities of certain modern CPUs to (1) establish secure […]

Leave a comment Cancel reply

-or-

Log in with your IoT World Today account

Alternatively, post a comment by completing the form below:

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related Content

  • Cybersecurity Crisis Management During the Coronavirus Pandemic
  • In Industrial Realm, Trustworthy Software Means Safety
  • Integrating Analog Controls into IIoT Systems
  • Dell Sells RSA Security for More Than $2 Billion

News

View all

Private LTE Market Projected to Grow to $13 Billion

12th January 2021

IoT World Announces 2021 IoT World Advisory Board

9th December 2020

White Papers

View all

Smart and Flexible Automotive and Tire Production

20th December 2020

Unlock the Potential of Digital Transformation in Oil & Gas

15th December 2020

Special Reports

View all

Cybersecurity Protection Increasingly Depends on Machine Learning

28th October 2020

Webinars

View all

From Insights to Action: Best Practices for Implementing Connected Device Security

15th December 2020

Real Cyber Threats and Best Practices Cyber Security Strategy and Solutions for Smart Manufacturing

1st December 2020

Galleries

View all

Top IoT Trends to Watch in 2020

26th January 2020

Five of the Most Promising Digital Health Technologies

14th January 2020

Industry Perspectives

View all

IoT Spending Holds Firm — Tempered by Dose of ‘IoT Pragmatism’

1st December 2020

The Great IoT Connectivity Lockdown

11th May 2020

Events

View all

IoT at the Edge

17th March 2021

Embedded IoT World 2021

28th April 2021 - 29th April 2021

IoT World 2021

2nd November 2021 - 4th November 2021

Twitter

IoTWorldToday, IoTWorldSeries

Protecting Your Network Against Ripple20 Vulnerabilities dlvr.it/RrJhpD https://t.co/Q2xe5hoy4U

25th January 2021
IoTWorldToday, IoTWorldSeries

The DOD turned to #kubernetes #containers for #IoTdevelopment to brace for rapid change. dlvr.it/RqzsLz https://t.co/t8W7coEdZN

20th January 2021
IoTWorldToday, IoTWorldSeries

Food for thought: Food and Beverage Industry eBook @ROKAutomation dlvr.it/Rqz00T https://t.co/Z3y18vuozF

20th January 2021
IoTWorldToday, IoTWorldSeries

Facility of the Future dlvr.it/Rqyzvm https://t.co/ytpsOUTtGP

20th January 2021
IoTWorldToday, IoTWorldSeries

A new day in automotive production #digitalmanufacturingsolutions @ROKAutomation dlvr.it/RqyrNS https://t.co/yxPFrBZGVg

20th January 2021
IoTWorldToday, IoTWorldSeries

Unlock the potential of digital transformation in Oil & Gas @ROKAutomation dlvr.it/RqyrBV https://t.co/kzHcGjf2OK

20th January 2021
IoTWorldToday, IoTWorldSeries

.@Airbus’s #datdriven #digitaltransformation focused on getting its existing data in order rather than just gatheri… twitter.com/i/web/status/1…

19th January 2021
IoTWorldToday, IoTWorldSeries

#EdgeNLP enables devices to do much more #NLP locally that better approximates human conversation.… twitter.com/i/web/status/1…

19th January 2021

Newsletter

Sign up for IoT World Today newsletters: vertical industry coverage on Tuesdays and horizontal tech coverage on Thursdays.

Special Reports

Our Special Reports take an in-depth look at key topics within the IoT space. Download our latest reports.

Business Resources

Find the latest white papers and other resources from selected vendors.

Media Kit and Advertising

Want to reach our audience? Access our media kit.

DISCOVER MORE FROM INFORMA TECH

  • IoT World Series
  • Channel Futures
  • RISC-V
  • Dark Reading
  • ITPro Today
  • Web Hosting Talk

WORKING WITH US

  • Contact
  • About Us
  • Advertise
  • Login/Register

FOLLOW IoT World Today ON SOCIAL

  • Privacy
  • CCPA: “Do Not Sell My Data”
  • Cookies Policy
  • Terms
Copyright © 2021 Informa PLC. Informa PLC is registered in England and Wales with company number 8860726 whose registered and Head office is 5 Howick Place, London, SW1P 1WG.
This website uses cookies, including third party ones, to allow for analysis of how people use our website in order to improve your experience and our services. By continuing to use our website, you agree to the use of such cookies. Click here for more information on our Cookie Policy and Privacy Policy.
X