By Huw Jones LONDON (Reuters) - Cyber crime is probably the biggest risk facing companies across the world, and they need to do more to help governments tackle the problem, U.S. Deputy Treasury Secretary Sarah Bloom Raskin said on Wednesday. "Each of us must recognize this risk is perhaps the most pressing operational risk of our time," she told the CityWeek conference in London. Financial services firms were making substantial investments in reinforcing their resilience to cyber attacks but they needed to embed this resilience into their existing business units rather than grafting improvements on top of them, she said. Cyber threats undermined freedom of expression and hampered global economic recovery, and governments needed to ensure international legal principles that respect state sovereignty and human rights apply to conduct online as well as offline, Raskin said.
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