“The reality in 2016 is that like every other aspect of commerce, economic crime has, to some extent, gone digital. In fact, business leaders are now increasingly worried about the threat, which stands on their way to faster growth. In PwC’s 19th Annual Global CEO Survey, six in 10 chief executives ranked cyber threats and the speed of technological change as top threats to growth. “The digital world does not allow any organisation to feel comfortable in the area of cyber security threats and vulnerabilities. A constant guard that is on the alert, detecting and is responsive to the changing environment is essential,” Audit firm Ernst and Young wrote in their cyber threat report released last week.

Source: Daily Nation April 18, 2017 10:07 UTC