Cyber security a rapidly evolving material risk for companies: Citi Research

Cyber security and data protection is a rapidly evolving material risk for companies, and Citi Research recently surveyed the ASX100 to assess how companies are responding to the risk.

Elaine Prior, managing director / ESG analyst, Citi Research

Citi Research found that “the most common perceived risk factors impacting companies were the ability to secure and/or keep secret critical information assets (27% of respondents) and the handling of high value financial transactions or other high risk assets (22%). Respondents cited other key risk factors related to safety critical systems, critical national infrastructure, and greater than 50% of revenue coming from online transactions.” 

 

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Rachel Alembakis

Rachel Alembakis

Publisher/Editor at The Sustainability Report
Rachel Alembakis has published The Sustainability Report since 2011. She has more than a decade of experience writing about institutional investments and pension funds for a variety of publications.
Rachel Alembakis

Author: Rachel Alembakis

Rachel Alembakis has published The Sustainability Report since 2011. She has more than a decade of experience writing about institutional investments and pension funds for a variety of publications.

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