Cybersecurity Leadership

In our technology-dependent society, the effectiveness of cyber risk governance of companies affects its stock prices, as well as short-term and long-term shareholder value. New SEC cybersecurity rules provide a solid basis for transparency. Unfortunately, monitoring the long-term effectiveness of a cyber risk management strategy is not easy to grasp.

The human factor doesn't have to be an intangible when assessing cyber risks within a company.

As long as C-suite executives believe that cybersecurity is an IT issue, they will remain disengaged from the solutions and their role in supporting a robust cyber risk management strategy.

Companies should pay specific attention to risks arising from the increasingly common whistleblower complaints regarding data breaches and cybersecurity.

We aren’t adept at recognizing and managing risk, and the results of these failures surround us, most notably relating to security breaches and data theft.

Insurers have a long history protecting businesses and people from the potentially devastating consequences of everyday risks. Within the past two decades, however, the insurer’s job has become increasingly complex as the landscape for possible risks has been expanded by the technology revolution.

As cyberattacks increase in number and severity, corporate boards must change how they approach risk management and emerging threats.

Driving change in risk culture is difficult, and it always takes time. The payoff can be huge, however. Gartner’s Matt Shinkman and Chris Matlock discuss.