Cyber risks are on the rise – and companies and organisations around the world need to be prepared.
Cyber leaders should have a mastery of risk management and an ability to speak both technical and business languages so as to communicate with senior leadership about the economic risks and competitive opportunities. Cyber leaders should be strategic thinkers, able to influence internal and external stakeholders while building a secure ecosystem. Ecosystems are our future. Humans are surrounded by networks of companies and governmental organisations, which are connected to each other and form even bigger ecosystems – which reach the country and global levels. With such interconnectivity, one vulnerable link can endanger every other element of the ecosystem and disrupt all operations.
Cyber leaders are the ones who can prevent this from happening.
New opportunities, new risks The vast majority (96%) of economic sectors are being dramatically changed by the introduction of innovative technologies. Such disruption brings not only massive opportunities, but also new risks.
Most worrisome risks include cyberattacks and data fraud due to sustained shift in working patterns Companies are increasingly worried about cyberattacks – and rightly so.
Companies planning for digital transformation must think about three considerations before making any changes: