Published ahead of next week’s Davos, the Global Risks Report provides significant insights into risk to inform government, business and investor action. It asks: is the world sleep walking into a crisis?
Case study by RLAM
Technology has improved our standard of living, but the rapid pace of development has also created ethical dilemmas for companies and poses significant challenges for regulatory bodies.
A recent study by Accenture found that the global average cost of cyber crime has risen from $7.2 million in 2013 to $11.7 million in 2017. Businesses are under pressure to strengthen their cyber security capabilities and be more effective in managing cyber incidents.
4. Does the company identify a named person at senior management or executive committee level with overall responsibility for information management and cyber security? 5. Is the board or board committee responsible for cyber security issues?
This report presents a snapshot and analysis of what 100 companies are currently disclosing about their cyber governance and risk management. It also enables comparisons across regions and sectors to facilitate engagement dialogue.