Cybersecurity is a serious business risk that needs to be managed. While rapid technological developments have provided vast areas of new opportunity and potential efficiencies for organisations of all sizes, these new technologies have also brought unprecedented threats. Businesses are increasingly facing very public cyber-risks and having to tackle compliance issues on a multi-jurisdictional basis. It is a reality now that any business connected to the internet is exposed, and cybersecurity law and regulation will only become more important as more 'Internet of Things' connected devices come online.