The 2015 Grant Thornton International Business Report (IBR), a global survey of 2500 business leaders in 35 economies, has revealed that over the past 12 months more than 15% of businesses across the world have suffered a cyber attack, costing a total of more than $300 billion. That's just the measurable costs. Who knows what the reputational damage, loss of trust and custom adds up to.
Unfortunately, just 52% of businesses globally currently have a cyber security policy in place. This, in our view, is still too small a percentage.
In this paper, based on the insights from Grant Thornton cyber specialists from around the world, we explore the motivations and tactics of cyber attackers. We also consider what organisations need to do to put effective defences in place around the three pillars of people, process and technology.
