Aglance look at the changing line-up of the largest companies in the world over the last decade — from PetroChina, Exxon and General Electric in 2008, to Apple, Google and Microsoft in 2018 — goes a long way towards proving the saying “data is the new oil”. Other entries in the 2018 top 10 include Amazon, Facebook and Tencent, companies at the forefront of the digital revolution. Technology has come to dominate both the corporate world and our everyday lives, but has brought with it a new set of risks.
So-called cyber threats are very real and hit all sorts of organisations, and the volume and impact of these attacks is increasing. The UK government’s National Cyber Security Programme’s latest Cyber Security Breaches Survey found that in 2018, 43 per cent of UK businesses and 19 per cent of charities suffered a cyber breach or attack.