Business leaders spend most of their time conducting risk/reward analyses of virtually every decision they make. Will expanding the sales staff generate enough profit to more than pay for the added costs? Can our new product launch hit the market before the competitors shift their own strategies? Do we know enough about the geopolitical climate in a new market to justify the added costs and hassles in compliance and governance? Cybersecurity is another critical area where risk must be constantly assessed.
The risk of unanticipated service interruptions—not to mention the many direct and indirect costs of data loss—is substantial. Virtually everything an organization does today—from billing customers and creating marketing programs to answering police calls and ensuring the cleanliness of waterways—is digitized. Add in the new reality of entirely new classes of digital endpoints and you can see that hackers have more opportunity than ever to wreak havoc.
While the impact of those and other cybersecurity risks is undeniable, too many organizations fail to build their cybersecurity strategies and tactics around the concept—and realities—of…
