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That's according to Richard Pharro, CEO at APMG International, who commented that CIOs must plan for vulnerabilities across their organisation and prepare for the worst as a very real danger.

"The series of breaches that have come to define this year prove that, for the large organisation, a breach should be viewed as inevitable," he said. "IT departments now have to deal with the mounting complexity of cyber attacks, and technical controls can never ensure absolute protection."

Pharro went on to say that, in today's organisation, mapping responses for the instance of a large-scale breach is as important as securing private data. Recent research from Howarth found 95% of all security incidents involved human error.

"Employees can be an organisation's greatest asset or its biggest weakness when securing sensitive information from cyber attacks, so the entire company - from the boardroom to operations - must be better equipped to understand the risks and benefits of cyber resilience," he added.

"Realistically, compliance is only the first step towards security; your organisation's existing processes must also be regularly monitored. Flows of data change, and so do cyber criminals' attack vectors, so to remain static is to remain vulnerable."