Writing in SC Magazine, Dave King, the CEO of Digitalis Reputation, says that many off the shelf solutions fail to recognise that the greatest threat to cyber security is human vulnerability…
“Cyber” is suddenly the new buzz word at the board table. But just like its predecessors, it is often misunderstood – or at least not fully understood – by those who use it.
The media has ensured that those running businesses know they need to be scared about something – though typically they’re not sure what. Regulation of the financial services sector has ensured that (at last) major cyber-originated financial thefts are now reported, where previously they had been hidden for fear of reputational damage. The danger of this coverage is that the CEO or chairman now thinks that cyber risk relates only or mostly to financial data (whether that of customers or his or her own credit card).
But the biggest problem with the board-level perception of cyber risk is the assumption that it’s just an IT problem. Financial theft gets the headlines but Verizon reports that one in five attacks targets IP theft and a growing number of those espionage attacks begin with social engineering.
When web development first appeared as a budget ledger line there was often debate in major organisations as to whether it should be overseen by IT or marketing departments – here was a new phenomenon rooted in technology but which quickly became the most important outward-facing collateral of the organisation. Yet the apparent conflict in cyber is far more fundamental and poses a much greater threat….
Read more at: Real threats start with humans, not technology
See more about Digitalis Reputation at www.digitalisreputation.co.uk
Dave makes excellent points in the article and it is important for senior players in organisations to realise both where the real risks lie and how they can train their team to minimise them.
If you would like to discuss how to make your team more aware of what threats are likely to actually look like, and how they can protect against them, give Pete Woodward a call on 01837 871247 or send a message on this form...[st_contact_form_light email=’[email protected]’]