The Carphone Warehouse cyber-attack has shown the potential cost of a cyber-attack.
The latest Carphone Warehouse (CPW) data breach has reminded the UK that attacks to sensitive data continue to happen, with devastating and costly consequences.
The most recent cyber attack has emphasized the importance of having specific measures in place in order to prevent the attacks initially happening.
While cyber insurance is one method, putting in place a proactive measure would better protect data in the event of a breach, rather than reacting to information that has already been leaked.
Cyber attacks can have huge impacts on businesses, resulting in bad publicity, reputational damage, financial loss, and penalties. A stringent set of cyber security controls in order to Harden the Data System would act as both a deterrent to attacks and protection to valuable systems and information.
You can read the full article on SC Magazine UK here