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'Business unprepared for cyber crime'

PwC expert speaks out

Many business still don't understand the importance of protecting their data against the threat of cyber crime says a security expert.

Cybersecurity Leader at Pwc Isle of Man Steve Billinghurst says it's a question of if not when an organisation will be targeted, and protections must be in place.

PwC has launched a survey on the 'Global State of Information Security', based on more than 9,500 responses from senior business executives from 122 countries.

Forty per cent cite disruption of operations as the biggest consequence of an attack, yet forty-four per cent also say they have no information security strategy.

Mr Billinghurst says the threat is here to stay:  

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