Harvard Certified Cyber Risk Expert, Business Valuer, and Certified Business Intermediary, Paul Nielsen, talks about the need, in 2020, for Independent 3rd Party Cyber Security Audit Reports for SME's and how the results can impact on Cyber Insurance Premiums, Enterprise Risk/Viability and ultimately Enterprise Asset Value.
"Cyber Crime has evolved into an industry that will not go away and 2020 will be a 'watershed year' where many organisations will have to 'prove' they have adequate Cyber Security and Cyber Resilience to their stakeholders such as Insurers, Regulators, Financiers, Suppliers, and Customers. Enterprise values will be dependent upon the quality of this "proof." Paul Nielsen, January 2020.