A business is only as strong as its weakest third party, says Arwen Handley
The transformative power of technology has made it integral to many businesses’ growth plans.
Technology delivers tremendous benefits but it can also present risk: it could malfunction, not perform as anticipated or have unintended consequences, such as increased cybersecurity vulnerabilities.
In January 2021, Hogan Lovells published a report, Litigation Landscape: How to prevail when technology fails. We were interested in understanding how businesses viewed, prepared for and protected themselves against these risks.
One of the areas we focused on was the potential risks and consequences of a cyberattack.
The risks of cyberattack have increase...