The key to gaining buy-in for your cyber risk roadmap under tightening budgets and staffing challenges.
This statement should come as no surprise: there’s been an alarming rise in the number and sophistication of cyber attacks this year. In fact, IT Security Company NCC Group’s Monthly Threat Pulse of March 2023 recently reported a 91% increase in ransomware attacks in March 2023 compared to February 2023 and a 62% increase year over year when compared to data from March 2022. Just take the cyber attack on MGM Resorts earlier this month – you don’t have to look far to see that ransomware is still at large.
Meanwhile, you have the SEC’s 2022 proposal on new regulations for cyber security risk management, governance, and incident disclosure, which has public companies rethinking how they keep their Board and Stakeholders informed.
So, whether by need or demand, companies of all sizes and complexities are re-evaluating and reinforcing their cyber risk management programs. But the question is: how do you build mature cyber security programs within your business while facing budget constraints and workforce reductions? How can you get buy-in from your…
