The growing threat of cyberattacks is a huge cause for concern. According to some of the country’s foremost intelligence experts, the U.S. may encounter a massive cyberattack on the horizon. An attack of this scale is predicted to cause damage comparable to a Category 5 hurricane, where everything from vehicles to pacemakers could be compromised. The country needs to be ready – and not just the public sector. Private businesses, regardless of size, would be taking an extreme risk if the necessary precautions are not put into place.
The literal and perceptional damage caused by security breaches can be astronomic, as we have seen from high-profile leaks at Sony, Equifax and Yahoo. When developing a strategy, you have to be able to properly assess the amount of overall damage that your business could suffer.