Thursday, May 15, 2008

Management group warns CEO's of data-breach risks

Top-level managers and chief executives often do not realise the impact that IT-security incidents can have on their organisations, according to influential group the British-North American Committee.

In a report entitled Cyber Attack: A Risk Management Primer for CEOs and Directors, launched on Wednesday, the British-North American Committee (BNAC) said that chief executives underestimate the scale of data-security problems and fail to recognise the consequences of data breaches for business. BNAC is a group of business leaders and academics from the UK, US and Canada aimed at lobbying the governments of all three countries about management and business-related issues.

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