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.
Cyber-attacks are a reality for most Swiss companies. But cyber security falls short when facing the new perils arising in connection with the Internet of Things and Artificial Intelligence. For the third consecutive year, our study “Clarity on Cyber Security” provides some insight into how Swiss organizations deal with new challenges.
Swiss companies are underestimating the cyber risks associated with the Internet of Things. They are still not working together enough on digital security and lack a complete understanding of the threats involved, as illustrated in KPMG’s latest study, “Clarity on Cyber Security”.