Why Companies Need to Invest in Enterprise Risk Management Frameworks
Data protection has never been as important as it is today, because of the way we depend on virtual data Photo courtesy: Council of Europe Companies are now investing in an overall enterprise risk management (ERM) framework . It is being observed that, there is a growing risk to data worldwide. The reason is no more simply cyber-attacks but others too. These include new threats emerging from global warming, geopolitics and changing regulatory frameworks on data protection. Do we remember how vaccine culture data was stolen through phishing mechanisms, right under the nose of the Oxford University last month? It was the job of a sophisticated hacking company that was hired by Russia governmental agencies to carry out the cyber attack. Believe it or not but data is more valuable than money or time today. This is the reason that industry bigwigs are seriously contemplating in data protection frameworks,...