Technological developments are disrupting and redefining how we live, interact and conduct business. ICT drives innovation across industries and sectors, increase competitiveness and enable scientific progress. Their demonstratable benefits have allowed technology to have a profound impact on business sectors, industries, economies, and societies, by solving many modern challenges. At the same time, the importance of information security has grown in parallel with the abundance of data and information and their significance for businesses to compete and thrive.