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The World Economic Forum's Global Risks 2015 report notes that 90% of companies worldwide recognise they are insufficiently prepared to protect themselves against cyber attacks.  Effective cyber risk awareness is a matter of good corporate governance.  Boards can no longer delegate their duties without understanding and actively managing the real risks associated with cybersecurity.   On the surface this is more a problem for large organisations however any organisation that holds personal client data needs to understand these issues.