Fortune Live | Video clip looking at the fallout from the Sony Cyber Breach
Interesting Video clip covering the consequences and fallout from the Sony Hack as featured on FortuneLive.
Robert Herjavec makes it clear that the cost and impact goes far beyond Sony and signposts the way to both major change in markets, particularly insurance. He predicts board level and government focus sharpening and that the frequency and severity is getting worse and worse.
He goes on to point out that in his experience most companies can't show their insurers that they had good measures in place to protect themselves before a breach.
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Robert adds that when it comes to more serious cyber breaches he thinks we are close to a major incident that will cause widespread disruption to national infrastructure and perhaps even cause loss of life.
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An event marking the third anniversary of the UK's Cyber Security Strategy is taking place in London today (12/12/2014).
Hosted by Cabinet Office Minister Francis Maude and held at the Institute for Chartered Accountants of England and Wales (ICAEW), it brings together industry, academia and government leaders to highlight how the UK is building skills to boost this country's growing cyber security sector.
It follows a report to parliament on progress and forward plans to make the UK one of the safest places to do business online.