Organizations in the tech sector have long been targets of enterprising attackers. The global cost of cyber incidents is in the trillions of dollars, and individual incidents alone can cost organizations millions. In addition to the direct costs associated with a cyber event, technology companies also face significant reputational damage, increased regulatory enforcement, potential fines, and a drop in consumer trust if sensitive consumer information is breached.
Fortunately, implementing reliable and effective security practices doesn't necessitate an exorbitant investment, nor does it require the sacrifice of the speed and agility to the deployment process.
Authors
Phillip P. Mai
Manager, Cyber Security Services, KPMG U.S.
Jackie Mak
Manager, Cyber Security Services, KPMG U.S.
Aaron Jackson
Associate, Advisory, Transformation Delivery, KPMG U.S.