21.0 – Cybersecurity Incident & Risk

Cybersecurity incidents are now firmly at the top of international agenda because high profile breaches raise panics that hack attacks, and other security failures, could pose danger to global wealth. Home Depot and Equifax are among several recent organizations that have lost consumer data to cyber-criminals. In some organizations, cyber hackers stole money from user accounts, carried out trade espionage and even in some cases took over organization’s systems, and demanded huge money to unlock them. Cyber attacks are classified into two broad categories: Sabotage and breaches in data security. Intellectual property, personal data, information relating bids, trade secrets, prices…