We’ve been talking about the importance of elevating cybersecurity to the boardroom for decades. And despite the growing number of errant companies out there suffering high profile data breaches over the years, there are many CEOs who still don’t get it. That’s why we were interested to read a new piece of research linking serious cyber incidents for the first time to share price performance.
It revealed that severe breaches on average cost public companies 1.8% of their value, running into £120 million for a typical FTSE100 firm. That should be enough to make any board sit up and take notice, and begin plans to implement effective layered security to mitigate cyber risk.
It might still be the summer holidays for many people but the cybersecurity news cycle is in overdrive. In the past week alone several international incidents have had the headline writers rubbing their hands. But while allegations of Kremlin interference in US elections and Chinese hackers targeting Australian defence organisations sell newspapers, the dangers in cyberspace are far broader than state-sponsored espionage.
And at the CLOUDSEC UK conference in London next week, global CISOs, academics, Trend Micro specialists, industry experts and more will gather to share their wisdom. It’s set to be a must-see event, offering IT decision makers and business leaders unparalleled insight into how to best protect their organisation, from those in the know. Continue reading →
If there’s one word that perfectly sums up the past few weeks, it’s: “uncertainty”. Many IT bosses have been left unsure by many things following the referendum result – not least whether they should continue efforts to comply with the European General Data Protection Regulation (GDPR) or assume this is no longer necessary. New Trend Micro research has reaffirmed that compliance is the way to go. Why? Because it reveals a British public fed up with data breaches and increasingly aware of the value of their own data and how it’s used.
If you want to find out more on this and other key security issues and trends of the moment, come down to our annual CLOUDSEC event in London on the 6th of September. Continue reading →
At a fundamental level information security is all about taking back control. It’s about reintroducing order into a chaotic and disordered world. But given the era-defining political upheaval the UK is witnessing at the moment, your average CISO could be forgiven for thinking that their job has just become even harder. Well, good security is also about resilience, and having the tenacity and will to stand firm – sometimes against the odds. But you can’t do this alone. Continue reading →