1 00118601 Emerging themes 2019 A4 AW v31 combined - Page 42



DIGITAL
DATA BREACHES
READY FOR THE INEVITABLE?
Barely a day goes by without a data breach hitting the
headlines. Firms now face a reality of “when, not if” data they
hold might be lost, stolen, encrypted or otherwise compromised.
Firms in the financial sector are particularly vulnerable given
the very large volumes of sensitive data they typically hold.
So while firms can and should ensure they have all appropriate
protections in place to prevent a data breach, they need
to know how to respond when the worst happens.
Here are some of the key issues to think about.
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