Christopher Young who is the general manager of Intel Security Group and one of the world’s leading cyber security experts, has called on the Government to invest heavily in combating cyber-attacks. New research shows that more than eight in ten Irish businesses have been targeted in the past 12 months.

Mr Young said the attackers are currently ahead of the security industry which has traditionally lagged behind the rest of IT in terms of pace of development and called for more to be done to tackle the threats which cost organisations billions of euro every year.

New research by William Fry shows the importance of having sufficient cyber security measures in place, with 81% of Irish businesses experiencing an attack in the past year.

In a survey of 1,000 IT security professionals, 46% of attacks took more than four months to be detected with a further three months needed to mitigate the risk.

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