Priya Patel
TLDR:
- Collaboration with security teams is crucial for cyber preparedness
- Investing in defenses and making cybersecurity a core principle of business strategy is essential for thwarting threats
In a world where cybersecurity threats are looming, proactive defenses are essential for all organizations. The C-suite plays a vital role in managing cyber-risk, yet a new report from ExtraHop found that while many organizations look to their executive management team to help assess their cyber-risk exposure, only a small fraction feel there is a high level of involvement and commitment from the C-suite. This lack of alignment can result in overconfidence, as seen in many IT decision-makers feeling confident about their organization’s ability to manage cyber-risk despite facing multiple ransomware incidents in the past year.
The disconnect between business plans and cybersecurity needs signifies the need for organizations to take cybersecurity more seriously and ensure proper alignment between the business and security teams. Leadership involvement in prioritizing cybersecurity, investing in tools, and providing training for all employees is crucial for establishing robust cyber defense measures. By making cybersecurity a core company value, organizations can better position themselves to thwart threats and ensure business continuity.
Successful integration of cybersecurity into executive strategies can be seen in organizations like JPMorgan Chase and Equifax, which prioritized cybersecurity as a core business concern and made substantial investments in cybersecurity measures. By collaborating with security teams, making cybersecurity a core principle of business strategy, and investing in defenses, organizations can better position themselves to prevent cyber threats and ensure ongoing business operations.
