The Building Podcast

Marks talks to George Wood

Mark Wakeford Season 1 Episode 43

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We live in the digital age and every aspect of our businesses relies on IT to enable, do or determine its course of actions.  This reliance on IT has crept up on our industry and our reliance has happened without the traditional overview of risk that we are now running.  Capable and sophisticated IT systems can bring huge advantages to a project or company, yet, unmanaged they also offer a huge opportunity for fraudsters to get the better of us and steal information, money and our reputations.

Our computer systems have needed protecting for many years, yet many still do not even deploy the most basic of protections.  This relates to our own systems, our employee systems and increasingly our suppliers and other stakeholder systems.  This connected ecosystem can hide computer threats and potential fraudsters, who can pounce when we are least expecting it, or when the largest opportunity arises.  George Wood, Director of specialist cyber consultant, Toragaurd takes us through the key risks and the simple, cost-effective ways of mitigating the risks.  This is invaluable advice, in an area that many in charge of businesses simply fail to understand, and gives some simple pointers and tools to reduce the risk of fraud.

Listen in to gain a strategic overview of the need and the options of cyber insurance.