When “everything is becoming digital,” private, public, and civil institutions become more dependent on information systems and more vulnerable to attack by sophisticated cybercriminals, political “hacktivists,” nation-states, and even their own employees. As a result, all of our institutions will have to make increasingly thoughtful trade-offs between the value inherent in a hyperconnected world and the risk of operational disruption, intellectual property loss, public embarrassment, and fraud that cyberattacks create.
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To read the original article: Risk and responsibility in a hyperconnected world: Implications for enterprises | McKinsey & Company