Join us in Birmingham for a discussion on the impact that cyber attacks have on business.
A successful cyber-attack can cause major damage to your bottom line, as well as your business reputation and consumer trust.
In this salon, chaired by David Hardman, CEO at Innovation Birmingham, our lead discussants including Iain Marsh Security Solutions Architect at SCC, will explore three main risks that cyber-attacks can cause to a business:
- Financial loss
Cyber breaches generally incur costs associated with repairing affected systems, networks and devices. - Reputational damage
Reputational damage can impact on your suppliers, or affect relationships you may have with partners, investors and other third parties vested in your business. - Legal consequences
The GDPR requires you manage the security of personal data you hold. If this data is accidentally or deliberately compromised, and you have failed to put appropriate security measures in place your organisation could face penalties up to of up to €20 million or 4% or annual global turnover – whichever is higher. For many businesses, the threat of insolvency or even closure as a result of GDPR penalties will soon be very real.
The salon will be followed by networking drinks.
Places at the salon are limited, so register now to avoid disappointment.
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