Information risk: what can businesses learn from each other?

Well-managed information has become a precious business asset. Inevitably, as it becomes more valuable, information becomes more vulnerable.

Data breaches, cyber threats and fraud are all on the rise. Such malicious threats combined with human error are exposing points of weakness in a fast-changing, complex information landscape and are putting brand reputation on the line.

Against a regulatory backdrop that is not always clear, companies are struggling to cope with the need to manage legacy archives along with the exploding volume of data generated by new technologies. As a consequence, businesses are facing unprecedented levels of information risk.

A recent report by Mountain and PwC revealed some significant differences in the way that younger and older firms perceive and address their information risk. Each side has important insight to offer the other. Things that older firms can teach younger firms:

SOURCE: scmagazineuk.com