Transatlantic businesses face greater short-term pain in the US but less long term retribution in the UK following a security breach, according to new data from payment security business, PCI Pal.

With ransomware and distributed denial of service (DDoS) attacks on the rise, the average number of focused cyberattacks per organization has more than doubled this year compared to the previous 12 months.

It’s essential that boards understand the organization’s cyber risks in order to successfully oversee overall company performance. CISOs and CSOs who can clearly convey cybersecurity to the board promotes better navigation of the organization in today’s uncertain cybersecurity world.

No operational discussion can start without a look at budgets, and how organizations plan for, and procure, cybersecurity services and solutions. And who is responsible for that budget?