Amy Zegart, a US-based cyber security expert, said cyber crime remained a major problem for companies and countries. She recommended that companies consider some main steps to avoid a cyber attack on their operations. Most cyber breaches are a result of very basic lapses like weak passwords and lack of multifactor authentication, she said. She also said governments continued to make progress in protecting critical information through the “sharpening of policies” in relation to countries. ZEGart’s comments came during the recent 17th Royal Fidelity Group Economic Outlook online forum.
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