18 May 91 Percent Of CEOs Treat Cybersecurity As A Technical, Compliance Issue And Leave It To CIOs, CISOs
This week in cybersecurity from the editors at Cybercrime Magazine
– Read the Full Story in Certainty News
Sausalito, Calif. – May 18, 2024
With cybercrime expected to cost the world $10.5 trillion annually by 2025, according to Cybersecurity Ventures, every business needs to be prepared to deal with a cyberattack at some point.
Certainty News reports research from Accenture found that “91 percent of CEOs treat cybersecurity as a technical, compliance issue and see it primarily as the purview of the CIO or CISO.” This hands-off attitude is a prime example of poor leadership that can leave a business vulnerable to cyberattacks.
So what does good leadership look like during a cybersecurity incident? The ability to make quick and informed decisions is crucial. Leaders must have a deep understanding of their organization’s risk landscape to make decisions that minimize damage and accelerate recovery processes.
Leaders must maintain transparent communication during and after a cybersecurity incident. This involves not only internal communication with the team but also external communication with stakeholders, customers, and, if necessary, the public. Handling communications well can help in managing the reputational impact of cyber incidents.
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