A breach results in loss of trust, proprietary information, trade secrets and consumer confidence. On the other hand, investing in cybersecurity and breach preparedness creates trust, boosts consumer confidence, and incites innovation – all generators of revenue.
There’s a shift taking place in the boardroom: With the recent high-profile cyberattacks like WannaCry and NotPetya, cybersecurity has been placed in the spotlight, making it a much more prominent topic than it was five years ago.
With thousands of employees and passengers in the air every day of the year, as well as having to comply with a variety of regulations and being accountable to both travelers and the government, United Airlines’ Managing Director of Global Security and Compliance, Rich Davis, has a big job.
With 55 plants and nine corporate campuses, as well as parts stores, customer service and sales centers, warehouses and distribution centers around the world, the global security department at Ingersoll Rand has quite a few different environments to deal with, says Director of Global Security Rick Kelly.
As far too many companies victimized by data breaches can attest, we are in a “blame the victim” environment, where the breach victim is treated like an accessory to the crime. Time and time again, Congress, regulators, the courts and the media treat victim companies as if they are guilty until proven innocent, or rather “negligent until proven reasonable.”
Who are the Most Influential People in Security? Find out which security leaders are making a difference in the September issue of Security magazine! Also, read about how New York is shaking up cybersecurity, changes in drone legislation, three steps to prepare for the GDPR, school surveillance savings and more.