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Lack of cyber security investment could backfire on boards: PwC

Hamish Barwick | Oct. 3, 2014
Take the security conversation outside of IT, says PwC Australia national cyber leader Steve Ingram.

The survey also found a 64 per cent global increase in security incidents that were attributed to competitive companies. In Australia, there was a 19 per cent increase in these sabotage incidents.

As Australian organisations look to compete globally, Ingram said that they will begin to experience competitor interference at rates similar to their APAC counterparts.

"There are two types of organisations: those who have been breached and know about it and those that have been breached and don't know."

 

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