Tag: Cyber risk

Cyber risk management: Top responsibilities of C-level employees in 2018

Cyber risk management: Top responsibilities of C-level employees in 2018

Cyber Security
Although most companies have invested in IT security solutions to protect their networks and data, these tend to focus on mitigating the most common threats like viruses and malware and fall short of addressing more sinister risks such as fraud, identity theft and espionage. These are damaging threats that can put a company’s reputation and business continuity at risk and can have serious financial implications. It is only when IT security-related risks are considered as business risks that the relevance of addressing them with proactive, strategic and appropriate solutions really becomes apparent – and this has to come from the top. “Cyber risks should be treated as business risks and should form part of a company’s overall risk management strategy. This has to be a top-down drive