How can we stay agile in the face of rapid technological change, geopolitical shifts, customer expectations, and economic factors? This is a question that senior cyber risk leaders ask themselves every day.
We interviewed 30 senior leaders, from CISOs to Heads of Cyber Risk, as part of a Faster & Safer: Priorities for Cyber Risk Management whitepaper and asked them to share their priorities for the next 12-18 months. There was absolute unanimity on one point: the industry must work together.
1. Scale-up (new) technology
Technology and human behaviours are evolving fast, and the need to protect data and other assets is a daily challenge. Combining the complexity of legacy systems adds further burden.
All risk leaders agreed that demands are intensifying but there is also opportunity. Machine learning, APIs and automated processes can be used to analyse risk and control information, monitor control performance and drive control automation.
They also support the use of an open-source model of sharing best practice, models and tooling innovation where in-house solutions can be exploited and evolved across the industry.
2. Know your blind spots
Three-quarters of participants…
