Data is now regarded as the world’s most valuable resource.
While many have labelled it the new oil, thanks to its ability to be monetised, some are now calling data the new asbestos due to the latent dangers of possessing it.
Recent high-profile events have shown that stolen data can be used for commercial gain. This includes information that could be used for identity fraud purposes, organisational secrets, details of pending transactions, sensitive personal information and information that is relevant to critical infrastructure or national security. Unlike other resources, though, the theft of data is not always obvious.