From the July/August 2011 issue of Treasury & Risk magazine

Unprepared for Hackers

A response team with expertise across the company and a plan for managing risk need to be in place before an attack.

Computer RobberyDespite highly publicized data breaches at companies such as Citigroup and Sony, most businesses remain woefully underprepared to deal with cybercrimes and other IT-related risks.

“I don’t know a single company that has mapped out all the jurisdictions where it does business, what the cybercrime laws are there, and the proper points of contact” should an incident occur, says Jody Westby, CEO of consultancy Global Cyber Risk.


Advertisement. Closing in 15 seconds.