Deloitte survey finds investments are falling short
Business leaders are viewing risk management through an innovative lens. In my conversations with C-suite and board members, cyber risk and brand and reputation risk are often at the top of their list of concerns.
A new Deloitte survey, “Illuminating a path forward on strategic risk,” shows nearly 100% of responding CEOs and board members say they expect to face threats or disruptions to their organizations’ growth prospects in the next two to three years. But the same survey finds investment in technology that aligns with strategy and engagement of senior management and board members is, in many cases, falling short.
Leaders must monitor a broader set of devices and technologies across an organization while analyzing data to understand what it means to their business.
And that means more reliance on analytics and artificial intelligence, moving beyond looking at the traffic occurring to making deductions around potential threats. Analytics provides the ability to be more predictive in what they’re seeing and what that might mean in future events.
A forward-looking cyber risk strategy should include investment in continuous innovations…
