There are a number of headaches that IT executives, such as CTOs and CIOs, face in any type of business, including financial services companies. The things that keep these executives up at night involve a number of challenges. Some that stood out from a recent article discussing this very topic are worth mentioning.
Even though organizations know about the importance of data breach preparedness with 86% of companies having a data breach response plan in 2016 versus 61% in 2013, a recent study by the Ponemon Institute shows that they’re far from implementing their plans in a way that helps them weather the storm if breach happens.
The types of security risks that organizations face vary in nature, which is why there’s such a push for all types of businesses to take a holistic approach to information security. Not only do businesses deal with the continuous evolution of threats, but they also deal with vulnerabilities that are hard to manage and resolve. One of these types of weak spots is insider threat.
Insider threat is quite a big deal when it comes to keeping data secure and has business executives on edge. A study by the Ponemon Institute found that although insider leaks and attacks continue to multiply…
When talking about cybersecurity, highlights tend to be about breaches, costs, and different methods businesses can apply to contain and reduce both; but what about measuring security from a business perspective? Let’s take a look at how security affects some of the most important business KPIs.