Though cyber attacks have been around for years, in 2014 there was an explosion in the volume of attacks and a marked increase in the losses and damages they inflicted. In 2015, this does not seem to be lightening up.
When I started out in security, only very large organizations with a mature set of business processes dared to talk about implementing some form of governance, risk, and compliance (GRC) or enterprise program (e-GRC). They generally did it in an attempt to get ISO or similar certification, or to “move their programs to the next level,” and some, I think, attempted it just to prove they did it. Many of those efforts were monumental, costing millions of dollars and taking years to complete. However, a significant number seemed to end in compromise, yielding a smaller end result or totally failing after thousands of man hours and millions of dollars for software, systems, and consulting had been spent.