August 31, 2014

Why cybersecurity is a strategic issue

Bain & Company

When you think of the billions of dollars organizations spend to protect their digital assets, it's amazing that hardly a week goes by without news of a major security breach. We see not only more attacks, but larger, more complex and targeted incursions on organizations for financial gain (see Figure 1). Some enterprises face advanced persistent threats (APTs), a highly sophisticated form of malware that permeates the organization, mutates into variants, remains innocuous and undetected for a long time, and stealthily accesses and transmits corporate assets. The sought-after digital assets include intellectual property (IP), trade secrets, and customer and financial data

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