Bowmile to speak about data and innovation at Canadian Lawyer's upcoming LegalTech Summit
With the growing frequency and sophistication of cybersecurity threats, in-house legal teams must build relationships across the business, bringing their versatile perspective to identify weaknesses and risks, says Michael Bowmile, senior legal counsel at Coca-Cola Canada Bottling Limited.
The transition to remote work following the emergence of COVID-19 left organizations vulnerable, and cyberattacks increased. In its survey of 4,744 organizations worldwide, Accenture found cyberattacks rose by 31 percent in the first year of the pandemic.
The heightened risk is costing businesses money. PwC’s Global Digital Trust Insights survey, which polled 3,522 senior executives in 65 countries, said 69 percent reported a cyber-security-budget boost in 2022, with 65 percent expecting the same in 2023.