Hi All
Rethink cyber risk to position cybersecurity as a catalyst for business transformation and revenue growth.
The disparity is striking. Over the next four years, the costs associated with cybercrime—$10.5 trillion annually by 2025 are estimated to exceed worldwide cybersecurity spending by 40 times.
The cybercriminals are winning in the cyber economy. They are seizing on the expansion of organizations’ overall attack surfaces and increased vulnerabilities introduced by society’s reliance on connected services. It’s time for security leaders to flip the equation—not by matching dollars lost with increased spending, but by changing how they think about cybersecurity.
In today’s digital economy, security can become the common thread that binds the organization’s business and technology strategies, enabling successful business transformation, growth, and competitiveness. But this approach requires organizations to shift their focus. Instead of emphasizing ad hoc risk remediation and threat mitigation, they need to make security central to the business, striving for a mature security posture that fosters cyber resilience.
Change your thinking and change your organisations too
https://www.ibm.com/thought-leadership/institute-business-value/report/security-cyber-economy
Regards
Caute_Cautim
Some sectors won't be left with much of a choice due to NIS2 and the UKs Cyber Security and Resilience Bill. When organisations don't take proactive steps, legislation catches up to force them to do so.