Oireachtas Joint and Select Committees
Wednesday, 15 May 2024
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Impact of Artificial Intelligence on Businesses: Discussion
Mr. David Lee:
Yes, sorry, the terminology confused me. Most organisations now perform this as part of their standard business continuity plan annually. They simulate ransomware attacks and the impact that has on business operations. They also simulate the response to this, up to and including deciding whether they would pay a ransom. Unfortunately, it is a far more frequent event than makes the press. We support a number of organisations that have successfully navigated their way through not just a simulation but also, unfortunately, real-life events. Others may want to comment on this but our experience is that it is very much on the board agenda of most organisations to be satisfied that they have a very robust position in being able to prepare for and deal with an incident if it occurs.
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