As businesses move online and data becomes a critical asset, organizations must navigate a minefield of potential threats.
And with the news Thursday (Sept. 12) that Lehigh Valley Health Network (LVHN), one of the largest primary care groups in Pennsylvania, has paid a $65 million settlement to patients impacted by a breach that saw their sensitive personal information stolen by a criminal ransomware gang, socializing best practices across the entire organization and fostering a culture of security is top of mind for firms across sectors — particularly for leaders like chief information security officers (CISOs).
After all, as cyber events become not just a bug but a feature of business operations, the need for effectively communicating cyber-risk to internal leadership teams and C-suite colleagues has never been more pressing.
Particularly as businesses in critical sectors like financial services move to adopt innovations like real-time payments, mobile wallets and other advances, the potential points of vulnerability multiply. Cybercriminals are no longer just focused on hacking networks; they are targeting payment ecosystems that contain sensitive data, including…
