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Volume 32, Issue 2

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Thursday, 28 February 2019 15:32

What The C-Suite Needs To Know About Cybersecurity And Compliance

Beware of These Risks to Build Resilience

Steve Durbin, Managing Director of the Information Security Forum (ISF), discusses some of the key risks to organizations today and provides guidance on how to steer clear of them while becoming more resilient.

Until recently, leading executives at organizations around the world received information and reports encouraging them to consider information and cybersecurity risk. Yet not all of them understood how to respond to those risks and the implications for their organizations. A thorough understanding of what happened (and why it is necessary to properly understand and respond to underlying risks) is needed by the C-suite, as well as all members of an organization’s board of directors in today’s global business climate. Without this understanding, risk analyses and resulting decisions may be flawed, leading organizations to take on greater risk than intended.

Cyberspace is an increasingly attractive hunting ground for criminals, activists and terrorists motivated to make money, get noticed, cause disruption or even bring down corporations and governments through online attacks. Over the past few years, we’ve seen cybercriminals demonstrating a higher degree of collaboration amongst themselves and a degree of technical competency that caught many large organizations unawares.