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.