In my first column I invited you into the office of the CSO and the CEO of a company that had re-positioned itself as a security risk management services (SRMS) provider; a new category that I feel is emerging to address the need for a 360-degree view and understanding of an organization’s risk strategy, plan, processes and metrics.
The March multiple terror attacks in Brussels that resulted in more than 30 people killed and more than 250 injured raises again the specter of terrorism globally. While since 9/11 fewer than 50 people have been in killed in the United States due to jihadist-inspired terrorism, that paltry number fails to illustrate that the jihadi threat here is significant as hundreds – if not thousands – of persons would have succumbed to otherwise stymied plots.
While the majority of global organizations say that it is ‘vital’ their organization is insured against information security breaches, less than half (41%) are fully covered for both security breaches and data loss and a third have dedicated cybersecurity insurance.
According to a new study, 81 percent of IT professionals are confident in their ability to protect sensitive customer data. However, this assurance does not extend to their organization’s business partners.
Public health officials and policy makers have recently learned lessons regarding high-profile health events of international concern. SARS revealed that disease may be more easily transportable with global travel.
With risk management and strategic risk playing a growing role in enterprise decision-making, stakeholders are eager to gain more insight into their daily operations and potential risk areas.
