# Opener

Cybersecurity: A chief executive’s biggest liability

To protect your company and your personal reputation, you must manage cyber risk like any other business risk.

Challenge

Cyber risk is complex to report and evangelize

Why

Your analysis should empower the entire organization with actionable insights

Solutions

Dynamic reporting enables prioritized action to reduce exposure

CEOs are liable for a cyber event

"Liability for cyber-physical security incidents will pierce the corporate veil to personal liability for 75% of CEOs by 2024.”

Gartner, Inc

A risk-based approach increases cyber resilience and operational efficiency

All organizations are in a constant state of defense, doing their best to address a changing landscape of cyber threats. But, even large, experienced teams can’t address all risks at once.

To prioritize cybersecurity controls and investments, you must understand the relative impact of successful attacks. The most mature cybersecurity leaders know their gaps, measure the impact, and can quickly make decisions to reduce exposure.

Establish cybersecurity as a business issue

As the Chief Executive Officer, you can lead by example. Elevating cybersecurity as a business issue, not just a technology problem, emphasizes its importance for everyone in your organization and throughout your supply chain.

 

You can be the change agent to establish a new standard for communication about cyber risk that provides business context and aligns multiple teams.

Get ready to defend your organization’s readiness to your Board of Directors, investors, and auditors

CEOs are in the spotlight immediately after a cyber event. Often, breaches embarrassingly expose basic deficiencies that should have been addressed long before an attack happens.

 

How can you explain your decisions? By shifting from a protect and defend-all mindset to a mitigate and manage methodology.

Top 5 Cyber Risk Questions Board Members Ask