“Every organisation is different. So you need to know the critical assets that you are trying to protect and the most likely threats. Otherwise, you could spend millions protecting the wrong things.”
The global average cost of a data breach is now €4.49 million.
For many businesses, it can be the difference between success and failure.
And yet, despite the high cost of cyber breaches, less than one in three Irish organisations have implemented robust cyber resilience across their business.
That is according to PwC’s 2025 Digital Trust Insights Survey, the longest-running and the largest annual survey worldwide on cyber security trends.
The study surveyed more than 4,000 businesses and tech executives across 71 countries, including Ireland.
To discuss its findings and the wider issue of cyber security, Ian Kehoe is joined on this episode of The Tech Agenda by Len McAuliffe, a cybersecurity partner with PwC Ireland.
McAuliffe talks about embedding cyber resilience into your business, third-party cyber risks, and why GenAI has given hackers new ways of breaching systems, while simultaneously offering new greater safeguards and defences. This podcast series is sponsored by PwC.