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Volume 30, Issue 1

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Friday, 02 August 2013 15:40

Five Points About Cyber Risks that CEOs Must Consider

Online threats and cyber crimes increase with intensity and complexity almost daily. Couple this with the fact that nearly all business functions rely on the Internet and IT in some way, and you have big reasons to fear a failure in your company’s online defenses.

The Department of Homeland Security has identified five main questions that c-level executives should consider when addressing cyber risks. These points are presented in the IT Download, Cybersecurity Questions for CEOs. The informative document covers these key questions and others that company leaders must evaluate in their organization to ensure company data and systems are safe from attack—questions that many executives never think to ask of their IT security team, such as:

  • How many cyber incidents do we detect in an average week?
  • How and when is executive staff notified of a breach or attack?
  • What are our current risks to attack?

According to the document, company leaders should take an active role in risk management discussions: