ARTICLE · 13 MARCH 2016

Digital risk assessment

Norton Rose Fulbright Australia

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Businesses that fail to address potential digital risks may face damage, fines, loss of market share or loss of revenue.

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Mike Rebeiro (Formerly With Norton Rose Fulbright Australia)

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Digital presence, digital technologies and data are central to all business operations today. They enable new business models across all industry sectors and enhance efficiencies and market positioning. The digital revolution has transformed business. However, with opportunities come risks.

Businesses that fail to address the potential risks in their digital strategies could be exposed to reputational damage, fines and penalties, loss of market share and loss of revenue.

With the legal landscape around our digital data and processes changing fast, it is increasingly important for businesses to make sure they understand, and stay on top of, all aspects of their exposure to digital risk and accountability.

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