Obtaining genuine board-level buy-in for cybersecurity strategy is often cited as one of the CISO’s biggest challenges. How confident are Europe’s CISOs, and what does increased (or insufficient) board support mean for them?
Tag: c-level
1/10 companies confident in their IT training’s effectiveness
Only 12% of companies believe their IT training strategy is very effective, and 11% believe that the training they need is available to them.
Report: C-level execs knowingly take cybersecurity risks, “hope nothing happens”
CEOs and business leaders understand the importance of cybersecurity but engage in risky behaviour regardless, research shows.
What 2017’s high-profile breaches mean for this year
Scale Venture Partners have released a report on how developments over the last year are shaping strategy, budget, and board-level investment in security.
Cybersecurity gaining strategic significance as breach costs rise
Data breach costs have risen significantly over the past two years for companies of all sizes, with the average enterprise data breach costing over $1 million.
Warren Buffett: ‘Cyber is uncharted territory and it’s going to get worse, not better’
During Berkshire Hathaway’s annual shareholders meeting on Saturday, CEO Warren Buffett warned that there’s about a 2% risk of a $400 billion disaster occurring as a result of a cyber attack of other issue.
Energy companies aren’t doing much to defend against soaring cyber attacks
Two prominent security consultant firms estimate that energy companies, ranging from drillers to pipeline operators to utilities, invest less than 0.2 percent of their revenue in cyber security.
JPMorgan CEO: Cybersecurity “is a critical issue”
JPMorgan Chase CEO Jamie Dimon says existing laws are not enough to protect the U.S. and global financial system from security breaches.
Cyber attacks top risk for banks
The threat of a cyber attack is now the top worry for bank risk managers, according to a new risk survey released jointly by EY and Institute of International Finance.
Cybersecurity oversight: what is a board of directors to do?
In a widely publicized June 2014 speech given by Securities and Exchange Commissioner (SEC) Luis Aguilar, the commissioner threw down the gauntlet to directors of public companies, telling them that they needed to become active participants in overseeing their companies’ cybersecurity planning and preparation.