Executive Summary
Regardless of their digital footprint, any business with a reliance on technology is at risk of cybercrime. In today’s digitised economy where threats to cybersecurity are continuously increasing, protecting data, infrastructure, customers, clients and third-parties against a breach is one of the biggest challenges that European businesses face. The financial and practical challenges that technology brings mean we are more interconnected globally thereby increasing the opportunity for cybercrime hence, the Catch-22 business leaders face - if a business doesn't go through a digital transformation there is a risk it may get left behind, and if it does there is an inherent and increased risk of cybercrime.
An in-depth survey of successful companies across Europe has been undertaken for RSM International by the European Business Awards, in order to understand levels of industry awareness of these cyber risks, the actions being taken to combat them, as well as the reaction to breaches taking place.