Cyber security threats up 10 timesThe average number of information security incidents detected by Chinese companies has increased over 900 percent since 2014, according to a survey conducted by international accounting firm PricewaterhouseCoopers (PwC). In contrast, an average of 4,782 detected incidents was reported worldwide in 2016, a 3 percent drop from the global average number of detected incidents reported in 2014. Even so, 88 percent of those respondents acknowledged that digitisation has influenced their information security spending in 2016. They highlighted the need to align cyber security with business strategy and said that security governance was a top priority for spending over the period. "We can see that some forward-looking companies in the domestic market are increasing investment in advanced cyber security technology," said Samuel Sinn, Cybersecurity & Privacy Partner, PwC China.

Source: The China Post November 30, 2016 18:04 UTC