Cybersecurity is now a C-Suite concern. Major business disruptions, compromised customer data, bank heists and even state-sponsored hacks have prompted boards and CEOs to action.
In the past few years, organizations have been scrambling to recruit Chief Information Security Officers (CISOs). Accountability for cyber risk has risen as the number and magnitude of attacks has climbed well past the nuisance level into the sphere of major business risk.
How effective this management strategy will be in arresting the modern plague of cybercrime remains to be seen. A recently published global survey of C-Suite level executives and IT decision-makers1 (ITDMs) revealed a large gap in assessments of cyberthreats, costs and areas of responsibilities. Here are three of the most significant disconnects: