The report’s writer, Steve Durbin, Managing Director of ISF, said: ‘Cybercrime flourishes in an economic downturn, and as more organisations adopt digitalisation and move operations online, their need to protect data and critical assets increases. During these challenging times, the ISF is focused on helping our members meet business needs, manage risk effectively and provide assurance of the highest levels of protection across their organisation.”
Within the report, ISF give what it describes as vital information about the dangers of edge computing, instruct companies on how to protect their workforce by making them the strongest line of defence against any cyber-attack, and examines what the future holds for Chief Information Security Officers.
The report was released by The European, and covers issues like security in banking, technology, sustainability, foreign direct investment and executive education.
A magazine spokesperson said: ‘Businesses are more prone to damaging attacks in this current economic climate. The impact that cybercrime could have on an organisation or company is catastrophic at the best of times and is only exacerbated by the global situation, so expert insight is vital in protecting against the loss of important data and information. Through releasing the report and giving ISF a platform upon which to inform readers, we hope to do our part in protecting businesses around the world.’
You can get your paws on the report here.