Deloitte Cyber Threat Risk Management Point of View Helps Corporate Boards Tackle the Question: “Could This Happen to Us?”
New York, February 15, 2012 — Alarmed by a proliferation of cyber attacks on high-profile businesses, many boards of directors are asking their executive teams one question: “Could it happen to us?” Unfortunately, at most companies, the short answer may well be that it is already happening.
And the end result could be devastating. From vandalizing an organization’s website to shutting down networks, perpetrating fraud and stealing intellectual property, cyber attacks can deal a serious blow to a company’s brand and reputation. Moreover, concerns about data security could also prompt current and prospective customers to take their business elsewhere, and negative reactions among investors may even drive losses in market value.






