Cyber-attacks and data breaches are one of the key dangers for corporations today. Serious incidents continue to grab headlines, and for many organisations huge losses and costs are just a tick-tock away. But can we stop the timer? The short answer is "probably not" - however we can certainly try to slow it down.

Cyber-crime is on the increase, as high profile hack victims such as Sony, Target Corp and eBay know only too well. New cyber security vulnerabilities in established systems (such as Shellshock with its weakness for Botnet attacks), continue to provide new platforms for crime. Cyber risks are further compounded by the ever increasing sophistication of online criminals, who are often perceived to be one step ahead of law enforcement agencies and specialist cyber-security firms. Liability is also likely to flourish due to developments such as cloud computing and the Internet of Things (where more and more sensitive information is stored online and an increasing number of everyday devices are connected to the Internet).

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