Spending money on cyber security, we are told, has become the most important investment a company can make. It is said that companies large and small are not investing the right amount or, indeed, in the right things. Finance Directors are under even more pressure than usual to release funds and provide the necessary injection of cash to enhance the cyber security of their organisations in the face of an increasingly unpredictable world.
The effects of Brexit, the drop in the value of the pound, the drop in the price of oil, the instability in countries large and small from unexpected election results, terrorism, immigration, and other similar events have all led to even greater demands on the already stretched finances of organisations. So how should financiers decide whether to invest in cyber security and, if so, how much and where