Security & Business Resilience

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A few months ago, ISIO suggested in articles that security managers must ensure that there is a contingency in the budget to obtain equipment or skills training in case of an unknown threat that could arrive out of the blue. Any responsible managing or finance director must consider allocating funding and preparing for this emerging threat because it has life impacting or life and death possibilities.

Here, we detail six predictions that will concern most IT and senior management professionals in the coming year.

Picture this: a news story detailing a cyberattack in which no data was exfiltrated, thousands (or even millions) of credit card details weren’t stolen, and no data was breached. While this isn’t the type of headline we often see, it recently became a reality in Las Vegas.

The National Association of Corporate Directors (NACD) and the Internet Security Alliance (ISA) released a new, updated Director’s Handbook on Cyber-Risk Oversight, a guidebook to help boards navigate cyber-risk oversight.

Chief Security Officers (CSOs) are charged with protecting an organization’s assets and people. Like all corporate functions, the design of this department will vary greatly depending upon the organization. However, the process by which a program is designed, measured and evaluated has some consistent principles across different industries. This series explores how to make your physical security program more strategic, and how to secure funding for this objective.

Studies and surveys consistently show that cybersecurity and data protection is one of the top five concerns of internal auditors, who worry that their organizations lack the internal resources to deal with security risks. On January 1, 2020, the California Consumer Privacy Act (CCPA) became effective, requiring new data privacy measures at most US organizations. Yet it is estimated that less than 10 percent are fully prepared for compliance with CCPA. Unfortunately, in this case, ignorance is not bliss and may result in hefty fines.