A new report from Accenture has identified ‘cyber transformers’ — companies that strike a balance between excelling at cyber resilience and aligning with the business strategy to achieve better outcomes.
The State of Cybersecurity Resilience 2023 report is based on a survey of 3000 global security and business executives. It found that organisations where cybersecurity programs and business objectives are aligned are 18% more likely to achieve revenue growth targets and 26% more likely to lower the cost of breaches or other cybersecurity incidents.
“The accelerated adoption of digital technologies like generative AI — combined with complex regulations, geopolitical tensions and economic uncertainties — is testing organisations’ approach to managing cyber risk,” said Jacqui Kernot, Security Lead ANZ at Accenture.
“In this rapidly changing environment, businesses leaders need to embed cybersecurity into the fabric of their digital core transformation efforts to become business resilient. This is one of the key differentiating traits of cyber transformers, who demonstrate that they are better equipped to drive successful business outcomes.”
Four…
