18 posts categorised "Cyber security"

24 July 2014

Midlands private equity businesses urged to focus on evolving cyber risk strategy

Private equity backed businesses in the Midlands should adopt an agile approach to their cyber security measures to avoid new and emerging risks to the value of their business and the related investment, according to PwC in the Midlands. The professional services firm is highlighting that as cyber risks are...

17 July 2014

Do you think policy is the only way to manage social media risk?

By Phil Mennie You may be excused for thinking that Social Media Governance is just about having a Social Media Policy. Of course, policy is one essential element of any good governance strategy, however, there are 5 other, equally important elements to help you manage the risks of social media....

12 June 2014

PwC in the Midlands comments on Bank of England's new cyber test

Commenting on news that the Bank of England has launched a new test to measure the financial sector's ability to withstand cyber attacks, Chris Wight, cyber security expert at PwC in the Midlands, said: "Banking processes have been transformed by technology and continue to evolve. But there is a growing...

12 May 2014

Data Visualisation - Help realise the power of your data

We are now firmly in the age of ‘Big Data’. Data is growing exponentially, and is increasingly becoming a key component for governments, researchers, and organisations. With this growth, data is becoming more and more difficult to capture, store and most importantly, understand. Visualising data is now the next step...

29 April 2014

Cost of business cyber security breaches almost double

The number of information security breaches affecting UK businesses has decreased over the last year but the scale and cost of individual breaches has almost doubled. The Information Security Breaches Survey 2014, commissioned by the Department for Business, Innovation and Skills (BIS) and carried out by PwC, found that eighty-one...

24 April 2014

Cyber threats: they are real, rising and affecting you

As technology becomes ever more sophisticated, cyber attacks are becoming ever more complex, with barely a week going by without new reports of a serious attack or data breach. In the latest World Economic Forum Global Risk Report, cyber threats were rated as one of the top five global risks....

19 February 2014

Economic crime still strikes with staff frauds on the rise – PwC survey

Economic crime continues to affect UK companies, with theft from employers on the rise, according to PwC’s Global Economic Crime Survey 2014. The number of frauds committed by staff, as opposed to those outside an organisation, has risen from 34% in 2011 to 41% in 2013. The survey also shows...

Global Economic Crime Survey 2014 - UK Report

For the full UK report, visit www.pwc.co.uk/crimesurvey Economic crime continues to affect UK companies, with theft from employers on the rise, according to PwC’s Global Economic Crime Survey 2014. The number of frauds committed by staff, as opposed to those outside an organisation, has risen from 34% in 2011 to...

17 February 2014

Live Webcast: Global Economic Crime Survey 2014

Webcast Date: 19 February 2014 Time: 11.00 - 11.45am Overview: In the time since the results of our 2011 Global Economic Crime Survey were released, the business world has continued to transform. With economic recovery still some way away, our 2014 survey looks at the current fraud landscape and the...

12 February 2014

90% of banking CEOs see cyber insecurity as a threat to growth

More than half expect to take on more staff in the next year More than 70% of banking & capital markets CEOs see cyber insecurity as a threat to their growth prospects. Nearly 60% see the speed of technological change as a threat to their growth prospects. PwC’s 17th annual...

19 December 2013

Consumers in the East Midlands value their digital lives at £0.8 billion

Family photos are top of our list of most valued digital items A quarter (26%) of us still like the comfort of paper copies alongside our digital storage Consumers in the East Midlands value their digital assets at £0.8 billion (1), according to a PwC survey of UK consumers (2)....

24 September 2013

UK companies getting better at cyber security, but more needs to be done to combat threats, says new PwC survey

The number of security incidents detected by UK companies in the past 12 months is three times higher than the global average. 64% of UK security professionals report directly to the board or CEO. 81% of UK companies have adopted an overall information security strategy UK businesses have increased the...

21 June 2013

European firms not willing to work with companies that suffer a data breach

Iron Mountain and PwC study reveals this view is often held by firms that expect to lose data themselves More than half (58 per cent) of European mid-sized firms say they would refuse to do business with a company that had suffered a data breach, despite the fact that 41...

07 June 2013

How resilient is your IT?

During 2012 there were a number of IT failures experienced by banks and building societies that prevented millions of customers from withdrawing their cash, making payments and accessing their accounts. This has continued into 2013 with similar episodes occurring. The causes for some of these failures are relatively well reported....

21 May 2013

2013 Information security breaches survey

We were commissioned by the department for Business, Innovation and Skills (BIS) to survey companies across the UK on recent cyber security incidents and emerging trends. This survey aims to provide greater awareness amongst UK business of the risks, how companies are mitigating (or not) those risks and key trends....

26 April 2013

One in ten Midlands businesses say confidential information is being lost or leaked on a daily basis, says survey

More than one in ten businesses in the Midlands (11%) report that confidential information is being lost or leaked from their organisation on a daily basis, according to research published by the Department for Business, Innovation and Skills (BIS). The 2013 Information Security Breaches Survey included 121 Midlands-based businesses. Based...

14 February 2013

2013 cyber security breaches survey now open

We were commissioned by the department for Business, Innovation and Skills to survey companies across the UK on recent cyber security incidents and emerging trends. The results of this survey will provide greater awareness amongst UK business of the risks, how companies are mitigating (or not) those risks and key...

06 November 2012

Information Security: Safeguarding your organisations most valuable assets

The vast majority of businesses today are connected in some way to the internet. On the internet there are people who want to attack your systems. Some do it for fun, some do it for money. They are out there and active – the concept of ‘if we get attacked’...