GDPR & cyber risk

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<title>GDPR & cyber risk</title>
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<dateIssued>2019</dateIssued>
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<abstract displayLabel="Summary">We have recently seen the one-year anniversary of the GDPR legislation, which means we have come to the end of any perceived transitional period.  Businesses,  including SMES, can expect the Information Commissioner's Office [ICO] to react withrigour if they cannot demonstrate sufficient control and protection over the data they own - especially in the event of a breach.  In addition to fines for lack of compliance, the risks of not adequately protecting data held by the business from cyber criminals are multiple, including exposure to socially engineered attacks and ransomware.  These risks can lead to loss of customers and revenue, cause reputation damage and ultimately can fundamentally threaten the stability of the business. </abstract>
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