Poor cyber policy ‘puts companies at risk’

The lack of a coherent cyber security governance policy across the globe may be putting companies at greater risk of attack and jeopardising economic growth.

Research carried out by Cisco points towards inadequate global cyber governance which is ill-equipped to deal with emerging threats and geopolitical challenges.

A collaborative, multi-stakeholder cyber governance framework is required to sustain business innovation and economic growth on a global stage, the report finds. The research also indicates that an “innovation race” between security vendors and cyber attackers is accelerating, placing users and organisations at risk.