Boards are ramping up investment in data security and privacy to become GDPR compliant, according the 2018 Harvey Nash/KPMG CIO Survey, to avoid data breaches which have reached an all-time high. In Switzerland, half of the survey participants were still GDPR non-compliant as of 3 April 2018.
Cyber attacks and their consequences have been a reality faced by Swiss businesses for some time now: A survey conducted by KPMG Switzerland shows that nearly half (42%) of the companies that have been the victims of a cyber attack suffered financial losses and dis-ruptions to their business activities as a result.
Turbulent times see technology leaders get to grips with digital by focusing on consistency and stability as well as fostering innovation. Meanwhile, more CEOs and boards are turning to their CIOs for help in navigating the uncertainties, threats and opportunities in todays’ digital world.